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  2. Housing Development Finance Corporation - Wikipedia

    en.wikipedia.org/wiki/Housing_Development...

    The company provides housing finance to individuals and corporations for purchase/construction of residential houses. [13] [17] The type of loans offered by company include loans for purchase and construction of a residential units, purchase of land, home improvement loans, home extension loans, non-residential premise loans for professionals and loan against property and repayment options ...

  3. Demat account - Wikipedia

    en.wikipedia.org/wiki/Demat_account

    A demat account is an Indian term for a dematerialized account that holds financial securities (equity or debt) digitally for traded shares in the share market. In India, demat accounts are maintained by two depository organizations: the National Securities Depository Limited and the Central Depository Services Limited .

  4. National Securities Depository Limited - Wikipedia

    en.wikipedia.org/wiki/National_Securities...

    It was established in August 1996 as the first electronic securities depository in India with national coverage. [2] It was established based on a suggestion by a national institution responsible for the economic development of India. At the end of 2023, its demat accounts held assets worth ₹398 Lakh Crore ($4.7 trillion). [3] [4] [5] [6]

  5. Central Depository Services Limited - Wikipedia

    en.wikipedia.org/wiki/Central_Depository...

    CDSL is the largest depository in India in terms of number of demat accounts opened. In February, CDSL became the first depository in India to open 60 million active demat accounts. [4] As of March 2022, the depository holds assets worth ₹ 37.2 trillion, [5] with over 580 depository participants associated with CDSL. [6]

  6. HDFC - Wikipedia

    en.wikipedia.org/wiki/HDFC

    HDFC may refer to: Housing Development Finance Corporation, an Indian mortgage company; HDFC Bank, an Indian financial services company; HDFC Life, a joint venture of ...

  7. HDFC Bank - Wikipedia

    en.wikipedia.org/wiki/HDFC_Bank

    On 4 April 2022, HDFC Ltd announced that it would merge with HDFC Bank, marking India's largest-ever M&A deal. [23] [24] As part of the merger, HDFC Ltd would transfer its home loan portfolio to HDFC Bank, while the bank offered depositors of HDFC Ltd the choice of either withdrawing their money or renewing their deposits with the bank at the interest rate that the bank was then offering.

  8. Dematerialization (securities) - Wikipedia

    en.wikipedia.org/wiki/Dematerialization_(securities)

    This is a form of indirect holding system in which an intermediary, such as a broker or central securities depository, or the issuer (e.g., French system) holds a record of the ownership of shares usually in electronic format. [1] [2] The dematerialization of securities such as stocks has been a major trend since the late 1960s, with the result ...

  9. HDFC ERGO General Insurance Company - Wikipedia

    en.wikipedia.org/wiki/HDFC_ERGO_General...

    In May 2021, Housing Development Finance Corporation (HDFC), entered into a share purchase agreement for the sale of 44,12,000 equity shares of Rs. 10 each, representing 0.62% of the issued and paid-up share capital of HDFC ERGO, in accordance with the direction of Reserve Bank of India to reduce its shareholding in the latter to 50% or below ...