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HDFC International Life and Re Company Limited (HDFC International Life & Re) is a first life reinsurance company based in the Dubai International Financial Centre (DIFC), UAE. [ 1 ] It is a wholly owned international subsidiary of HDFC Life and was incorporated on 10 January 2016 under the previous Companies Law DIFC Law No. 2 of 2009 ...
HDFC Life was established in 2000 becoming the first private sector life insurance company in India. [10] By 2001, the company had its 100th customer, strengthened its employee force to 100, and had settled its first claim. HDFC Life launched its first TV advertising campaign 'Sar Utha Ke Jiyo' in 2005.
The Dubai International Financial Centre (DIFC) is a special economic zone in Dubai covering 110 ha (272 acres), established in 2004 as a financial hub for companies operating throughout the Middle East, Africa, and South Asia (MEASA) markets.
The Dubai Financial Services Authority (DFSA) is the financial regulatory agency of the special economic zone, the Dubai International Financial Centre (DIFC), in Dubai, United Arab Emirates. [1] [2] It is distinct from the UAE's federal Securities and Commodities Authority, whose jurisdiction covers the wider UAE outside the boundaries of the ...
HDFC Asset Management Company was the investment manager of HDFC Mutual Fund's schemes. [26] HDFC held a 52.6% stake and was the sole promoter of the company as of June 2023. [ 27 ] HDFC AMC managed 68 schemes comprising debt, equity, exchange-traded fund and fund of fund schemes. [ 15 ]
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 ...
HDFC Bank, an Indian financial services company; HDFC Life, a joint venture of Housing Development Finance Corporation and Standard Life plc; HDFC Bank of Sri Lanka, a Sri Lankan specialised housing bank; Housing Development Fund Corporation, a special type of limited equity housing cooperative in New York City
Unlike DFM and ADX, NASDAQ Dubai, located in Dubai International Financial Centre (DIFC), is an electronic exchange with no trading floor. DFM was fully owned by the Government of Dubai until November 2006 when it turned into a public joint-stock company through an IPO, which led to sell 20% of its shares to the public and 80% were subscribed ...