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On 4 April 2022, HDFC Ltd announced that it would merge with HDFC Bank, marking India's largest-ever M&A deal. [24] [25] 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.
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 ...
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 Housing Development Finance Corporation and Standard Life plc
HDFC Securities is the stock-broking arm of India’s largest private-sector lender, HDFC Bank, [2] and began operations in April 2000. It began as a joint venture between HDFC Bank Limited, HDFC Limited and Indocean eSecurities Holdings Limited.
Aditya Puri is a senior advisor at The Carlyle Group. He was the managing director of HDFC Bank, India's largest private sector bank. [1] [2] He assumed this position in September 1994. [3]
The Housing Development Finance Corporation Bank of Sri Lanka PLC, commonly abbreviated as HDFC Bank of Sri Lanka PLC, is a specialised housing bank in Sri Lanka.The bank commenced operations in 1984 as a building society.
Atanu Chakraborty (born 5 April 1960) [1] is the chairperson of HDFC Bank.He was appointed by the Reserve Bank of India in April 2021. [2] [3] He is a retired 1985 batch officer of the Indian Administrative Service and Gujarat cadre, and served as the Economic Affairs Secretary of India until his retirement in April 2020.
Shyamala Gopinath (born 20 June 1949) is Chairperson of HDFC Bank, India's largest lender by market capitalization. [1] Ms. Gopinath is a former deputy governor of the Reserve Bank of India (RBI), a position she served for seven years.
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