HDFC Full Form
Most of the people are associated with the bank, their savings account and current account are opened in the bank, these can be public sector and private sector banks. HDFC bank is famous in private sector.
In this article you will learn about What is Full Form of HDFC , Establishment of HDFC Bank , What is the history of HDFC Bank? , HDFC Bank Subsidiaries , HDFC Bank Shareholder List , HDFC Owner , HDFC Bank Origin Country , HDFC Bank CEO , HDFC Bank Head Office Email ID , HDFC Customer Care Chat , HDFC Bank Headquarters.
According to the data, more than 31 crore people in India use the bank to secure their remaining money. You will also have an account with some bank, which is useful for conducting bank transactions.
Currently, it is very easy to get banking facility as bank branch is located in every small town. For this reason most people prefer to use banking system but it is important to know the details about the bank in which you have an account. If you have an account with HDFC Bank, you can get detailed information from here.
HDFC Full Form
- H = Housing
- D = Development
- F= Finance
- C = Corporation
The Full Form Of HDFC is Housing Development Finance Corporation.
HDFC Bank is one of the major banks in India and has its headquarters located in Maharashtra Mumbai. Since 1995, the bank has started functioning as a scheduled commercial bank.
Most of the branches of HDFC bank are located in Mumbai and Delhi but apart from that it has its branch in India. HDFC Full Form
Establishment of HDFC Bank
If we talk about the establishment of HDFC Bank, then it was done in Mumbai Maharashtra in August 1994. HDFC Bank has more than 5500 branches located in 2764 cities.
The bank launched its website in the name of www.hdfcindia.com in 1999, but after some time, this website was transferred to www.hdfc.com which still handles HDFC through its website. HDFC Full Form
HDFC Bank is working in many areas like online real state portal in 2010-11 which started as HDFC Real State Destination followed by HDFC Education and Development Limited Pvt. Ltd. to provide education loan facility in 2011-12. Which helped a lot of people. HDFC Full Form
What is the history of HDFC Bank?
On 17 October 1977, HDFC was established as a public limited company. It was promoted by the Industrial Credit and Investment Corporation of India (ICICI).
In 1980, it started a loan linked and deposit scheme in which one had to start with a passbook account with HDFC, so that the person would be eligible for the loan.
Subsequently, in 1981, HDFC started the Non-Resident Certificate Submission Scheme. In 1985, it introduced a home saving plan that enabled a person to buy a home at a rate of 8.5% per year.
In 1986, it offered a service called APF (Advanced Processing Facility), under which builders could finance individuals purchasing housing in their projects.
Then in 1989, with the financial support of Krditanstalt Fur Wiederauflau, Germany, HDFC offered two types of loans; HIL (Home Improvement Loans) means Home Improvement Loans and HEL (Home Extension Loans) for Financially Weaker Persons.
In 1994, HDFC promoted HDFC Bank to offer banking services. It was a private sector bank which was established in August 1994 with RBI approval.
In 1999, the corporation launched its website www.hdfcindia.com, which has now become www.hdfc.com.
Subsequently in 2000, the corporation incorporated HDFC Standard Life Office in Mumbai and in 2002 after a joint venture with Chubb Corporation, USA promoted HDFC-Chubb General Insurance Company Limited to offer general insurance. HDFC Full Form
Subsequently, in the year 2009-10, it offered the HDFC Systematic Savings Plan. It was a monthly savings plan with a variable rate of interest.
In the year 2010-11, it launched an online real estate portal, HDFC Real Estate Destination (HDFC RED). Subsequently, in the year 2011-12, it offered its new subsidiary, HDFC Education and Development Services Pvt. Ltd. Introduced. HDFC Full Form
HDFC Bank Subsidiaries
- HDFC Bank Ltd
- HDFC Developers Ltd
- HDFC Investments Ltd
- HDFC Holdings Ltd
- HDFC Trustee Company Ltd
- HDFC Realty Ltd
- HDFC Property Ventures Ltd
- HDFC Venture Capital Ltd
- HDFC Ergo General Insurance Company Ltd
- HDFC Standard Life Insurance Company Ltd
HDFC Bank Shareholder List.
Shares of HDFC Bank in India are listed on Bombay Stock Exchange and National Stock Exchange.
- Promoter group (HDFC) 21.57%
- Foreign institutional investors (FII) 32.4%
- Individual shareholders 8.5%
- Bodies corporate 7.5%
- Insurance companies 5.38%
- Mutual funds / UTI 8.65%
- NRI / OCB / others 0.29%
- Financial institutions / banks 2.75%
- ADS / GDRs 18.78%
HDFC Bank was founded by Hashmukhbhai Parekh, he was born on 10 March 1911 in Surat Gujarat India, but died on 18 November 1994 at the age of 83.
Aditya Puri, who is currently the Managing Director of HDFC Bank of India, has been appointed since September 1994, who has been in this position for a long time. HDFC’s Regulation is being conducted by Aditya Puri. HDFC Full Form
HDFC Bank Origin Country
HDFC Bank was founded in 1994. It is a major bank of India. HDFC Bank has most of its branches in Mumbai and Delhi. HDFC Bank started functioning as a scheduled commercial bank in January 1995.
HDFC Bank CEO
Uncertainty over the successor of HDFC Bank MD Aditya Puri has ended. Shashidhar Jagadishan has been appointed the new Chief Executive Officer (CEO) and Managing Director (MD) of HDFC Bank. The Reserve Bank of India has also stamped this. HDFC Full Form
HDFC Head Office Delhi
- IADARSH NAGAR, DELHI ROHINI SECTOR 11 DELHI-DELHI
- DELHI – CHANDNI CHOWK
- DELHI – AJMERI GATE
- YAMUNA VIHAR-DELHI
- DELHI DELHI – ROHINI
- DELHI – SHAHDARA
- NEW DELHI – MODERN SCHOOL
- NEW DELHI – GREATER KAILASH
- NEW DELHI – PITAMPURA
- NEW DELHI – KASHMEREI GATE
- NEW DELHI – VIKAS PURI HDFC Full Form
- NEW DELHI – KAROL BAGH
- NEW DELHI – KIRTI NAGAR
- NEW DELHI NAJAFGARH
- NEW DELHI – ORN MARKET
- NEW DELHI – SUNDER NAGAR
- NEW DELHI – SAKET HDFC Full Form
- NEW DELHI – MANDAKINI
- NEW DELHI – R.K. PURAM
- NEW DELHI – PANCHSHEEL PARK
- NEW DELHI – ROOP NAGAR
- NEW DELHI – OKLA INDUSTRIAL AREA
- SAFDARJUNG ENCLAVE – DEER PARK
- NEW DELHI – SURYA KIRAN-KG MARG
- NEW DELHI – RAJOURI GARDEN
- NEW DELHI – NARAINA
- NEW DELHI – GREATER KAILASH
- NEW DELHI-SARITA VIHAR
HDFC Bank Head Office Email ID
We are provide email id of HDFC Bank. You can visit site. Please Click Here
HDFC Customer Care Chat
If you have any problem related to HDFC Bank. Then you can chat on HDFC Customer Care Chat. We are provide website link where you can use customer care chat. Please Click Here.
HDFC Bank Headquarters
Headquarters located in Maharashtra Mumbai. Since 1995, the bank has started functioning as a scheduled commercial bank.
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