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On 4 April 2022, HDFC Ltd announced that it would merge with HDFC Bank, marking India's largest-ever M&A deal. [25] [26] As part of the merger, HDFC Ltd would transfer its home loan portfolio to HDFC Bank, while the bank offered depositors of HDFC Ltd the choice of either withdrawing their money or renewing their deposits with the bank at the interest rate that the bank was then offering.
Aditya Puri is a senior advisor at The Carlyle Group. He was the managing director of HDFC Bank, India's largest private sector bank. [ 1][ 2] He assumed this position in September 1994. [ 3] Puri was the longest-serving head of any private bank in the country. [ 4] India Today ranked him at #24 in India's 50 Most Powerful People of 2017 list.
Atanu Chakraborty (born 5 April 1960) the chairperson of HDFC Bank.He was appointed by the Reserve Bank of India in April 2021. [2] [3] He is a retired 1985 batch officer of the Indian Administrative Service and Gujarat cadre, and served as Economic Affairs Secretary of India until his retirement in April 2020.
Housing Development Finance Corporation. Housing Development Finance Corporation was an Indian private sector mortgage lender based in Mumbai. [ 9][ 10] It was the biggest housing finance company in India. [ 11] It also had a presence in banking, life and general insurance, asset management, venture capital and deposits through its associate ...
Known for. Founding HDFC and GRUH Finance Ltd. Hasmukh Thakordas Parekh (10 March 1911 – 18 November 1994) 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, founded the Housing Development Finance Corporation, and in 1992 ...
Government of India (74.8%) [ 2] Number of employees. 827 (March 2019) Website. www.hudco.org. The Housing and Urban Development Corporation Limited, abbreviated as HUDCO, is an Indian public sector undertaking engaged in housing finance and infrastructure project finance. The Govt Grants Navratna Status to PSU on April 18,2024.
List of largest employers in India. The largest employers in India include companies, the military, railway and the government. To keep the list manageable in length, only those companies/employers which have at least 100,000 employees are included in the list. [ 1]
HDFC ERGO General Insurance Company Limited is a 51:49 joint venture firm between HDFC and ERGO International AG. It is one of the insurance entities of the Munich Re Group in Germany operating in the insurance field under the BFSI sector. [ 2] The retail sector includes various products like health insurance, vehicle insurance, travel ...