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HDFC Bank Limited is an Indian banking and financial services company, headquartered in Mumbai.It is India's largest private sector bank by assets and the world's tenth-largest bank by market capitalization as of May 2024 [9] [10]
HDFC Asset Management Company is the investment manager of HDFC Mutual Fund's schemes. [26] HDFC holds a 52.6% stake and is the sole promoter of the company as of June 2023. [27] HDFC AMC manages 68 schemes comprising debt, equity, exchange traded fund and fund of fund schemes. [15]
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 ...
HDFC Life Insurance Company Limited (d/b/a HDFC Life) [4] is a long-term life insurance provider headquartered in Mumbai, offering individual and group insurance services. The company was incorporated on 14 August 2000.
To qualify for an HDFC unit, one must possess some liquidity because HDFC cooperatives are cash strapped and tend to look for buyers with a large amount of cash for down payments or cash-only sales. This can disqualify many people with low incomes that cannot afford to make the down payments required by the HDFC co-ops.
HDFC ERGO General Insurance has adopted Robotics process automation and voice analytics to improve customer experience. With these technologies, the company claims to process health insurance in 15 minutes and issues Health and Motor Insurance Policies to customers within 5 minutes through digital platforms.
HDFC Securities Limited is a financial services intermediary and a subsidiary of HDFC Bank, a private sector bank in India. HDFC Securities was founded in year 2000 and is headquartered in Mumbai , with branches across major cities and towns in India.
He joined Housing Development Finance Corporation (HDFC) in 1978. HDFC was founded by his uncle, Hasmukhbhai Parekh. [6] Parekh also became the Non-Executive Chairman of Infrastructure Development Finance Company Ltd (IDFC), a specialised financial institution for financing infrastructure projects in 1997.