HDFC LTD

Industry:	Insurance
Revenues:	$1.8 Billion
Employees:	21,477

Description

Housing Development Finance Corporation Limited (HDFC) provides housing finance. HDFC’s distribution network spans 250 outlets, which include 52 offices of the wholly owned distribution company, HDFC Sales Private Limited (HSPL). In addition, HDFC covers over 90 locations through outreach programs. Its subsidiaries include HDFC Developers Limited, HDFC Investments Limited, HDFC Holdings Limited, HDFC Trustee Company Limited, HDFC Realty Limited, HDFC Ventures Trustee Company Limited, HDFC Venture Capital Limited, HDFC Property Ventures Limited, HDFC Asset Management Company Limited, HDFC Standard Life Insurance Company Limited and GRUH Finance Limited. During the fiscal year ended March 31, 2008, the Company acquired the entire 26% of HDFC Chubb General Insurance Company Limited from Chubb Global Financial Services Corporation, subsequent to which the company became a wholly owned subsidiary of HDFC.
(Source: ARS)

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Site Rank:	1,624,892
Trust Rating:	Neutral
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News Archive

Indian Home Mortgage Giant HDFC Selects Zscaler for Web Security. PR Newswire; 9/24/2009 ...Housing Development Finance Corporation (HDFC Ltd.), a leading home mortgage company...appliance-based and point products provides HDFC with more powerful security and comprehensive...of ownership (TCO). "Zscaler enables HDFC to protect its IT infrastructure against... ...more

India: HDFC unlikely to dilute stake in HDFC Bank before NHB deadline. TendersInfo; 8/21/2009 Byline: babalu03 Home finance leader HDFC has said that it could miss the 2009 deadline...company is an arm of a major institution. HDFC is the only case where the housing finance...close to the regulator. In the past, HDFC had said that an ideal situation would... ...more

India: HDFC to convert Bank warrants. TendersInfo; 11/10/2009 ...mortgage lender, Housing Development Finance Corporation (HDFC), plans to exercise the warrants issued by HDFC Bank into equity. Following the conversion in early December, HDFC s stake in the bank will rise to almost 24 per cent. Yes... ...more