Originally posted 2022-01-21 11:46:33.
The Full form of HDFC is the Housing Development Finance Corporation. This is one of the biggest housing finance and banking cooperation in India. Moreover, HDFC headquarter is present in Maharashtra. The Banks allows loans and small financial help to small business and middle-class workers. The main objective of this housing incorporation is to provide everyone with their own homes without having to worry about interest and amount. HDFC came into existence in 1999 and has grown a lot till then. These banks also have the privilege of the proper guidance of the RBI ie Reserve Bank Of India. This is under the principal approval from them
Housing Development Finance Corporation is generally known as HDFC in short. It is one of the most extensive housing funding and banking cooperation of India. The main objective of this housing incorporation is to deliver everyone with their own homes without having to be concerned about interest and the amount.
Furthermore, This is one of the biggest private lenders in India. The banks have whooping 3382 ATMs spread all across India. Also, there were more than 880,00 employees that were a part of this banking incorporation as of 2018. HDFC has more than 1416 branches across 550 cities in India. All this hard work and tons of paperwork have made this bank the best private bank in India. HDFC also has the largest market capitalization as well as the largest market share in the banking sector.
Founder of HDFC-: Hasmukhbhai Parekh
(Hasmukh Thakordas Parekh was an Indian financial entrepreneur, writer, and philanthropist. He played a role in the development of Industrial Credit & Investment Corporation of India, now ICICI Bank Industrial Credit & Investment Corporation of India, now ICICI Bank, founded the Housing Development Finance Corporation, and in 1992 was awarded the Padma Bhushan for his contribution to the finance industry in India.
HDFC was founded in -:1977
Headquarters of HDFC at Mumbai.
HDFC bank is the fifteenth largest employer in India with more than one lakh employees. HDFC bank provides various services such as Credit cards, Consumer banking, Commercial Banking, Wealth Management, Finance and insurance, Investment banking, Mortgage loans, Private banking, Private equity, etc. Payzapp and SmartBUY are digital products by HDFC.
The CEO of Housing Development Finance Corporation (HDFC) Bank is Keki Mistry active in the position since 1 Jan 2010. HDFC Bank has the largest banking network. In India, there are 5,779 branches of HDFC bank and 17,238 ATMs are present in 2,956 cities and towns.
| Term | Full Form |
| HDFC | Housing Development Finance Corporation |
FAQ’s
This is one of the biggest housing finance and banking cooperation of India. Moreover, HDFC headquarter is present in Maharashtra.
HDFC is short form of Housing Development Finance Corporation.
Housing Development Finance Corporation is full form of HDFC.
People May Also Check
| FATCA Full Form | FAX Full Form |
| FML Full Form | FRIEND Full Form |
| GDP Full Form | GIF Full Form |
| GRE Full Form | GSM Full Form |
| HCT Full Form | HD Full Form |