Back Housing Development Finance Corporation German شرکت مالی توسعه مسکن Persian Housing Development Finance Corporation Finnish Housing Development Finance Corporation French एचडीएफसी Hindi Housing Development Finance Corporation ID HDFC Japanese ഹൗസിങ്ങ് ഡെവലപ്മെന്റ് ഫിനാൻസ് കോർപ്പറേഷൻ Malayalam गृहनिर्माण विकास वित्त महामंडळ Marathi Housing Development Finance Corporation Malay
 | This article may use tenses incorrectly. (July 2024) |
| Company type | Public |
|---|---|
| BSE: 500010 NSE: HDFC BSE SENSEX constituent NSE NIFTY 50 constituent | |
| ISIN | INE001A01036 |
| Industry | Financial services |
| Founded | 1977 |
| Defunct | 1 July 2023 |
| Fate | Merged with HDFC Bank[1] |
| Headquarters | Mumbai, Maharashtra, India |
Area served | India |
Key people |
|
| Products | Mortgage loans |
| Revenue |  ₹152,997 crore (US$18 billion)[3] (2023) |
| ₹32,130 crore (US$3.7 billion)[3] (2023) | |
| ₹26,160 crore (US$3.0 billion)[3] (2023) | |
| AUM | ₹432,084 crore (US$50 billion)[4] |
| Total assets | ₹1,091,528 crore (US$130 billion)[5] (2023) |
| Total equity | ₹201,474 crore (US$23 billion)[5] (2023) |
Number of employees | 3,226 (2021)[6] |
| Subsidiaries | HDFC Bank HDFC ERGO HDFC Life HDFC Mutual Fund[7] HDFC Credila[8] |
| Website | www.hdfc.com |
Housing Development Finance Corporation was an Indian private-sector mortgage lender based in Mumbai.[9][10] It was widely recognised as the largest housing finance company in India.[11] In addition to its core mortgage lending operations, HDFC had diversified interests through its associate and subsidiary companies, including banking, life and general insurance, asset management, venture capital, and deposit services.[9]
In July 2023, HDFC merged with HDFC Bank, India’s largest private-sector bank. The merger aimed to broaden the group's financial offerings and enhance customer access by leveraging the bank's extensive network and diverse portfolio. This strategic consolidation marked a significant milestone in India's financial services landscape.[12]
- ^ "HDFC-HDFC Bank Merger".
- ^ "Annual Report 2012-13" (PDF). HDFC. Retrieved 20 November 2013.
- ^ a b c "Housing Development Finance Corporation Consolidated Profit & Loss account, Housing Development Finance Corporation Financial Statement & Accounts" (PDF). www.bseindia.com.
- ^ "Housing Development Finance Corporation - Assets under management, May 31, 2022".
- ^ a b "Housing Development Finance Corporation Consolidated Balance Sheet, Housing Development Finance Corporation Financial Statement & Accounts" (PDF). www.bseindia.com.
- ^ Housing Development Finance Corporation Annual Report 2021
- ^ "About Us – HDFC Asset Management Company in India – HDFC Mutual Fund".
- ^ "About HDFC Credila, an HDFC Ltd | Credila". www.hdfccredila.com.
- ^ a b Cite error: The named reference
AboutHDFCwas invoked but never defined (see the help page). - ^ "India's Best Boards 2013: HDFC distinguished by the fact that it has no promoter". Economic Times. 26 July 2013. Archived from the original on 27 November 2013. Retrieved 27 November 2013.
- ^ "HDFC finishes FY23 in style". Moneycontrol. 5 May 2023. Retrieved 27 June 2023.
- ^ "Explained: The main reasons behind the merger of HDFC and HDFC Bank". Business Today. 4 April 2022. Archived from the original on 27 April 2022. Retrieved 7 January 2024.