Contents
What is the Full Form of HDFC?
HDFC stands for Housing Development Finance Corporation. It is a Mumbai-based Indian financial services firm. It is a major housing financial institution that provides housing loans to individuals and businesses for the purchase and construction of residential properties.
What are the Products and Services offered by HDFC?
HDFC offers a wide range of products and services, including:
- Housing loans
- Home improvement loans
- Commercial loans
- Personal loans
- Insurance products
- Mutual funds
- Demat and trading accounts
- Wealth management services
What are the Key Achievements of HDFC?
HDFC is one of the largest housing finance companies in India. It has a market capitalization of over INR 3 trillion. HDFC has been ranked as the most valuable company in India by the Forbes Global 2000 list.
What are the Future Plans of HDFC?
HDFC plans to expand its operations in India and overseas. It also plans to launch new products and services. HDFC is committed to providing affordable housing to the people of India.
What is the corporate social responsibility (CSR) policy of HDFC?
HDFC has a strong commitment to corporate social responsibility. It has a number of CSR initiatives, including:
- Providing affordable housing to the poor
- Supporting education and healthcare
- Promoting environmental sustainability
FAQ
HDFC and HDFC Bank are two separate companies. HDFC is a housing finance company, while HDFC Bank is a commercial bank. However, both companies are owned by the same group of shareholders.
HDFC was founded in 1977 by Hasmukhbhai Parekh. It was the first housing finance company in India to be listed on the stock exchange. HDFC has grown rapidly over the years and is now one of the largest housing finance companies in the world.