MarieDevore at 13:08, 25 March 2026

2026-03-25T13:08:29Z

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{{Short description|Indian mortgage lending institution}}
{{for|its parent company|HDFC Bank}}
{{Use dmy dates|date=August 2016}}
{{Infobox company
| name = Housing Development Finance Corporation|
| logo = HDFC logo.svg
| logo_size = 250px
| type = [[Public company|Public]]
| traded_as = {{BSE was|500010}} {{NSE was|HDFC}} [[BSE SENSEX]] constituent [[NIFTY 50|NSE NIFTY 50]] constituent
| ISIN = {{ISIN|sl=n|pl=y|INE001A01036}}
| industry = [[Financial services]]
| foundation = {{Start date and age|1977}}
| defunct = {{Start date and age|1 July 2023}}
| fate = Merged with [[HDFC Bank]]<ref>{{Cite web|url=https://www.moneycontrol.com/news/business/hdfc-hdfc-bank-boards-approve-july-1-as-effective-date-of-merger-july-13-as-record-date-10885991.html|title=HDFC-HDFC Bank Merger}}</ref>
| founder = [[Hasmukhbhai Parekh]]
| location = [[Mumbai]], [[Maharashtra]], India
| area_served = India
| key_people = {{ublist|[[Deepak Parekh]] {{small|([[Chairman]])}}|[[Keki Mistry]] {{small|(Vice Chairman & [[CEO]])}}|[[Renu Sud Karnad]] {{small|([[Managing Director]])}}<ref name=AR201213>{{cite web |url=http://www.hdfc.com/pdf/Annual_Report_2012_13.pdf |title=Annual Report 2012-13 |publisher=HDFC |access-date=20 November 2013}}</ref>}}
| products = [[Mortgage loan]]s
| revenue = {{Increase}} {{INRConvert|152997|c}}<ref name=pnl>{{Cite web|title=Housing Development Finance Corporation Consolidated Profit & Loss account, Housing Development Finance Corporation Financial Statement & Accounts|url=https://www.bseindia.com/xml-data/corpfiling/AttachHis/6e5630b2-5c15-4c20-ba23-97db0dc1adec.pdf|website=www.bseindia.com}}</ref>
| revenue_year = 2023
| operating_income = {{increase}} {{INRConvert|32130|c}}<ref name=pnl/>
| income_year = 2023
| net_income = {{increase}} {{INRConvert|26160|c}}<ref name=pnl/>
| net_income_year = 2023
| assets = {{Increase}} {{INRConvert|1091528|c}}<ref name=bs>{{Cite web|title=Housing Development Finance Corporation Consolidated Balance Sheet, Housing Development Finance Corporation Financial Statement & Accounts|url=https://www.bseindia.com/xml-data/corpfiling/AttachHis/6e5630b2-5c15-4c20-ba23-97db0dc1adec.pdf|website=www.bseindia.com}}</ref>
| assets_year = 2023
| equity = {{Increase}} {{INRConvert|201474|c}}<ref name=bs/>
| aum = {{up}} {{INRConvert|432084|c}}<ref>{{Cite web|title=Housing Development Finance Corporation - Assets under management, May 31, 2022|url=https://groww.in/mutual-funds/amc/hdfc-mutual-funds|language=en}}</ref>
| equity_year = 2023
| num_employees = 3,226 (2021)<ref name="ongcindia.com">[https://www.hdfc.com/sites/default/files/2021-06/hdfc-shareholder-copy-2020-21.pdf Housing Development Finance Corporation Annual Report 2021]</ref>
| parent =
| subsid = [[HDFC Bank]] [[HDFC ERGO General Insurance Company|HDFC ERGO]] [[HDFC Life]] HDFC Mutual Fund<ref>{{Cite web|url=https://www.hdfcfund.com/about-us/corporate/overview|title=About Us – HDFC Asset Management Company in India – HDFC Mutual Fund}}</ref> HDFC Credila<ref>{{Cite web|url=http://www.hdfccredila.com/about/about-credila.html|title=About HDFC Credila, an HDFC Ltd | Credila|website=www.hdfccredila.com}}</ref>
| footnotes =
| homepage = [http://www.hdfc.com www.hdfc.com]
}}

'''Housing Development Finance Corporation (HDFC)''' was an Indian [[private sector|private-sector]] mortgage lender based in [[Mumbai]].<ref name="AboutHDFC" /><ref name="ETBB2013">{{cite news |url=http://articles.economictimes.indiatimes.com/2013-07-26/news/40815229_1_hdfc-standard-life-hdfc-bank-hdfc-asset-management |archive-url=https://archive.today/20131127093741/http://articles.economictimes.indiatimes.com/2013-07-26/news/40815229_1_hdfc-standard-life-hdfc-bank-hdfc-asset-management |url-status=dead |archive-date=27 November 2013 |title=India's Best Boards 2013: HDFC distinguished by the fact that it has no promoter |newspaper=Economic Times |date=26 July 2013 |access-date=27 November 2013}}</ref> It was widely recognised as the largest housing finance company in [[India]].<ref>{{cite news |title=HDFC finishes FY23 in style |url=https://www.moneycontrol.com/news/business/moneycontrol-research/hdfc-a-strong-finish-to-fy23-10533101.html |access-date=27 June 2023 |work=Moneycontrol |date=5 May 2023 |language=en}}</ref> 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.<ref name="AboutHDFC" />

In July 2023, HDFC merged with [[HDFC Bank]], India’s largest [[Private sector|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 (finance)|portfolio]]. This strategic consolidation marked a significant milestone in India's financial services landscape.<ref>{{Cite web |date=2022-04-04 |title=Explained: The main reasons behind the merger of HDFC and HDFC Bank |url=https://www.businesstoday.in/latest/deals/story/explained-the-main-reasons-behind-the-merger-of-hdfc-and-hdfc-bank-328467-2022-04-04 |url-status=live |archive-url=https://web.archive.org/web/20220427074846/https://www.businesstoday.in/latest/deals/story/explained-the-main-reasons-behind-the-merger-of-hdfc-and-hdfc-bank-328467-2022-04-04 |archive-date=2022-04-27 |access-date=2024-01-07 |website=Business Today |language=en}}</ref>

==History==
HDFC was founded in 1977 under the leadership of [[Hasmukhbhai Parekh]], with financial support from India's business community,<ref name="HDFC Ref2" /><ref name="HDFC Ref1">{{cite news |title=Housing Development Finance Corporation Ltd Stock Price - (2486.45), Housing Development Finance Corporation Ltd Share Price Live Today, Housing Development Finance Corporation LtdStock Live BSE/NSE Share Price |url=https://www.financialexpress.com/market/stock-market/housing-development-finance-corporation-ltd-stock-price/ |access-date=18 May 2021 |publisher=www.financialexpress.com}}</ref> as India's first specialized mortgage company and the flagship entity of the HDFC Group.<ref name="HDFC Ref2" /><ref name="IPQ2FY201314" /> HDFC was promoted by the [[Industrial Credit and Investment Corporation of India]] ([[ICICI Bank|ICICI]]).<ref name="ETHistory">{{cite web |url=http://economictimes.indiatimes.com/housing-development-finance-corporation-ltd/infocompanyhistory/companyid-13640.cms |title=Company History – Housing Development Finance Corporation Ltd. |publisher=Economic Times |access-date=27 November 2013}}</ref> Hasmukhbhai Parekh played a key role in establishing the foundation of the company which started with the main aim of solving the housing shortage in India and steadily grew thereafter.<ref name="HDFC Ref2" />

In 2000, HDFC Asset Management Company launched its mutual fund schemes.<ref name="ETHistory" /> In the same year, [[Insurance Regulatory and Development Authority|IRDA]] granted registration to [[HDFC Life|HDFC Standard Life Insurance]], as the first private sector [[life insurance]] company in India. Currently, the organization operates in India, [[Kuwait]], [[Oman]], [[Qatar]], [[Saudi Arabia]], [[Singapore]], the [[United Arab Emirates]] and the [[United Kingdom]].<ref name="HDFC Ref2" />

==Products and services ==

===Mortgage===

The company provided housing finance to individuals and corporations for purchase/construction of residential houses.<ref name="HDFC Ref2" /><ref name="BRR201213">{{cite web |url=http://www.hdfc.com/pdf/HDFC_Business_Responsibility_Report.pdf |title=Business Responsibility Report 2012-13 |publisher=HDFC |access-date=20 January 2013}}</ref> The type of loans offered by company included loans for purchase and construction of a residential units, purchase of land, home improvement loans, home extension loans, non-residential premise loans for professionals and loan against property and repayment options include step-up repayment facility and flexible loan instalment plan.<ref name="HDFC Ref2" /> It was one of the largest providers of housing loans in India.<ref name="HDFC Ref2" /><ref name="BRR201213" /> In its annual report for fiscal year 2012–13, the company disclosed that it disbursed {{abbr|approx.|approximately}} INR 456,000 crores in 35 years of its existence for a total of 4.4 million housing units.<ref name="AR201213" />

The average loan profile amounted to INR 2.18 million (US$35,160) which lasts for about 13 years and covers approx. 65% of actual property value. From the year 2000, the company started offering housing loans on the Internet, becoming the first company to do so.<ref name="HDFC Ref2" />

===[[Life insurance]]===
Beginning in 2000, the company provided life insurance through its subsidiary HDFC Standard Life Insurance company Limited. It offered 33 individual products and eight group products. It used the HDFC group network to cross-sell by offering customized products. It operated out of 451 offices across India, serving over 965 locations. It had a market share of 4.6% of life insurance business in India as of 30 September 2013.<ref name=IPQ2FY201314/> [[HDFC Life]] has over 15,000 employees.<ref name=ARSUB201213>{{cite web |url=http://www.hdfc.com/pdf/Subsidairy_Annual_Report_2012_13.pdf |title=Annual Report of Subsidiaries for FY 2012–13 |publisher=HDFC |access-date=27 November 2013}}</ref>

===[[General insurance]]===
The company offered general insurance products such as:
* Motor, health, travel, home and personal accident in the retail segment which accounts for 47% of its total business and
* Property, marine, aviation and liability insurance in the corporate segment<ref name=IPQ2FY201314/>

===[[Mutual funds]]===
HDFC provided mutual fund services through its subsidiary HDFC Asset Management accountingy Limited. The average [[assets under management]] (AUM) of HDFC Mutual Fund for the quarter Jul-13 to Sep-13 was INR 1.03 trillion.<ref>{{cite web |url=http://www.amfiindia.com/research-information/aum-data/average-aum |title=Average AUM |publisher=Association of Mutual Funds in India|access-date=8 December 2013}}</ref>

==Operations==
HDFC's distribution network spanned 396 outlets (including 109 offices of HDFC's distribution company HDFC Sales Private Limited) which catered to approx. 2,400 towns and cities in India.<ref name=AboutHDFC>{{cite web |url=http://www.hdfc.com/others/about-hdfc.asp |title=About HDFC |publisher=HDFC |access-date=19 November 2013 |archive-date=26 January 2013 |archive-url=https://archive.today/20130126081724/http://www.hdfc.com/others/about-hdfc.asp |url-status=dead }}</ref> To cater to [[Non-resident Indian and person of Indian origin|Non-Resident Indians]], HDFC had offices in London, Singapore and Dubai<ref name="HDFC Ref2">{{cite news |title=Housing Development Finance Corp. Ltd. |url=https://asia.nikkei.com/Companies/Housing-Development-Finance-Corp.-Ltd |access-date=18 May 2021 |publisher=Nikkei Asia |date=28 January 2020}}</ref> and service associates in [[Middle East]]ern countries.<ref name=AboutHDFC/> The first international office was opened in Dubai in 1996 and in the 2000s expanded to London and Singapore.<ref name="HDFC Ref2" />

In addition, HDFC covered over 90 locations through its outreach programmes. HDFC's marketing efforts were concentrated on developing a stronger distribution network. Home loans are also sourced through HDFC Sales, [[HDFC Bank]] Limited and other third party [[Direct selling]] Agents (DSA). The corporation had 232 institutional owners and shareholders filing through 13D/G or 13F forms with the [[Securities Exchange Commission]].<ref>{{cite web |title=FY Report 2019 : HDFC |url=https://www.hdfc.com/sites/default/files/2019-01/HDFC%20Shareholder%20Copy%202018.pdf |access-date=2 May 2020}}</ref> The largest investor amongst them was [[The Vanguard Group|Vanguard International Growth Fund]].<ref>{{cite news |title=HDFC Institutional Ownership – HOUSING DEVELOPMENT FINANCE CORP.LTD. Stock |url=https://fintel.io/so/in/hdfc |access-date=2 May 2020 |work=fintel.io |language=en}}</ref>

==Major subsidiaries and associates==
HDFC's key associate and subsidiary companies included [[HDFC Bank]], [[HDFC Life|HDFC Life Insurance Company]], [[HDFC ERGO General Insurance Company]], HDFC Asset Management Company, and HDFC Capital Advisors.<ref name=IPQ2FY201314>{{cite web |url=https://www.hdfc.com/sites/default/files/HDFC_May17_10.pdf|title=Investor Presentations: Quarter Ended March, 2017 |publisher=HDFC Limited |date=17 May 2017 |access-date=20 May 2017}}</ref>

===[[HDFC Bank]]===
HDFC held 26.14% of shares in HDFC Bank. [[HDFC Bank]] sources home loans for HDFC for a fee.<ref>{{cite web |url=http://www.hdfc.com/pdf/HDFC_Jun13_11.pdf |title=Investor Presentations: Quarter Ended March, 2013 |publisher=HDFC |access-date=27 November 2013}}</ref> The key business areas of HDFC Bank were wholesale and retail banking and treasury operations. As of April 2023, its [[market capitalisation]] was {{INRconvert|941386|c}}, making it India's third largest publicly traded company.<ref>{{cite news |last1=Jaiswar |first1=Pooja Sitaram |title=HDFC twins, ITC are top 3 gainers in market value from Oct 2022 to April 2023 |url=https://www.livemint.com/market/hdfc-bank-itc-hdfc-market-cap-rises-the-most-from-oct-2022-to-april-2023-in-huruns-list-check-full-details-here-11687343654799.html |access-date=27 June 2023 |work=Mint |date=21 June 2023 |language=en}}</ref>

===HDFC Life Insurance Company===
HDFC held approx. 48.7% of shares in [[HDFC Life]]<ref>{{cite news |title=Abrdn to sell 4.3 crore shares of HDFC Life to raise up to Rs 2,425 crore via block deal |url=https://economictimes.indiatimes.com/markets/stocks/news/abrdn-to-sell-2-stake-in-hdfc-life-for-at-least-305-million-via-block-deal/articleshow/94158255.cms |access-date=23 March 2023 |work=The Economic Times |date=12 September 2022}}</ref> and was the sole promoter of the company, as of May 2023.<ref>{{cite news |title=Abrdn exits HDFC Life, sells entire stake for Rs 2,069 cr |url=https://economictimes.indiatimes.com/industry/banking/finance/insure/abrdn-exits-hdfc-life-sells-entire-stake-for-rs-2069-cr/articleshow/100657128.cms |access-date=9 July 2023 |work=The Economic Times |date=31 May 2023}}</ref> In September 2013, it was ranked third in terms of market share of private life insurance companies in India.<ref name=IPQ2FY201314/> On the same date, it had a network of approx. 72,000 financial consultants to sell its policies.<ref name=IPQ2FY201314/>

===HDFC Asset Management Company===
HDFC formed HDFC Mutual Fund as a joint venture with [[Standard Life]] Investments in 1999. HDFC Asset Management Company was the investment manager of HDFC Mutual Fund's schemes.<ref>{{cite news |title=HDFC Asset Management Company Limited |url=https://www.careratings.com/upload/CompanyFiles/PR/28062022062835_HDFC_Asset_Management_Company_Limited.pdf |access-date=22 February 2023 |work=CARE Ratings}}</ref> HDFC held a 52.6% stake and was the sole [[corporate promoter|promoter]] of the company as of June 2023.<ref>{{cite news |title=Abrdn Investment sells entire HDFC AMC stake |url=https://www.thehindubusinessline.com/markets/abrdn-investment-sells-entire-hdfc-amc-stake/article66990583.ece |access-date=27 June 2023 |work=The Hindu Businessline |date=20 June 2023 |language=en}}</ref> HDFC AMC managed 68 schemes comprising debt, equity, exchange-traded fund and fund of fund schemes.<ref name=IPQ2FY201314/> Average assets under management (AUM) as at the end of March 2022 was {{INR}}4.07553 trillion. It was ranked third in the industry in India on the basis of average [[assets under management]].

===HDFC ERGO General Insurance Company===
HDFC formed this general insurance company with [[ERGO Insurance Group]]. HDFC held 50.5% and ERGO held 26% of the shares. By the end of September 2013, its market share in general insurance stood at 4.1% (overall) in terms of gross direct premium in first half year of FY 2013–14.<ref name=IPQ2FY201314/> The total employee strength of the company as of March 31, 2013 was 1,389.<ref name=ARSUB201213/>

===HDFC Capital Advisors===
Established in 2016, HDFC Capital Advisors is a [[private equity real estate]] firm. As of April 2023, HDFC holds 90% stake in the company while [[Abu Dhabi Investment Authority]] holds the remaining 10%.<ref>{{cite news |last1=Babar |first1=Kailash |title=HDFC inks pact to sell 10% equity in HDFC Capital to Abu Dhabi Investment Authority |url=https://economictimes.indiatimes.com/industry/services/property-/-cstruction/hdfc-inks-pact-to-sell-10-equity-in-hdfc-capital-to-abu-dhabi-investment-authority/articleshow/90949878.cms |access-date=9 July 2023 |work=The Economic Times |date=21 April 2022 |language=en}}</ref> In 2022, two wholly owned subsidiaries of HDFC, viz. HDFC Property Ventures and HDFC Venture Capital, were merged into HDFC Capital Advisors.<ref>{{cite news |last1=Babar |first1=Kailash |title=HDFC Property Ventures, HDFC Venture Cap to be merged with HDFC Capital Advisors |url=https://economictimes.indiatimes.com/industry/banking/finance/hdfc-property-ventures-hdfc-venture-cap-to-be-merged-with-hdfc-capital-advisors/articleshow/93796826.cms?from=mdr |access-date=9 July 2023 |work=The Economic Times |date=26 August 2022}}</ref>

==Former subsidiaries and associates==

===HDFC Credila Financial Services===
HDFC Credila was a non-banking finance company and the first Indian lender to exclusively focus on education loans.<ref>{{Cite web|url=http://hdfccredila.com/education-loan-details/education-loan-detail.html|title=Education Loan | HDFC Credila|website=hdfccredila.com}}</ref> The company lended to under-graduate and post-graduate students studying in India or abroad. HDFC held about 90% shares in this company.<ref name=IPQ2FY201314/> In 2023, HDFC sold a majority stake in HDFC Credila to a consortium of private equity firms, led by [[BPEA EQT|Baring EQT]] and ChrysCapital, for {{INRConvert|9060|c}}.<ref>{{cite news |title=HDFC sells education loan arm HDFC Credila to PE firms for Rs 9,060 crore |url=https://www.business-standard.com/finance/news/hdfc-sells-education-loan-arm-hdfc-credila-to-pe-firms-for-rs-9-060-crore-123062000668_1.html |access-date=27 June 2023 |work=Business Standard |date=20 June 2023}}</ref>

===HDFC RED===
Launched in 2010, HDFC held a 100% stake in HDFC RED, a real estate online listings platform operating under HDFC Developers Ltd. The company focuses on real estate, avoiding resale and rental services.<ref>{{cite news|url=http://www.forbesindia.com/article/real-estate-special/burning-cash-on-advertising-isnt-a-wise-strategy-for-housing-portals-hdfc-red-ceo-sohel-is/46575/1|title=Burning cash on advertising isn't a wise strategy for housing portals: HDFC RED CEO Sohel IS|work=[[Forbes]]|date=7 April 2017|access-date=20 May 2017}}</ref><ref name=IPQ2FY201314/> In 2018, HDFC sold HDFC RED and HDFC Realty to [[Quikr]] for {{INRConvert|357|c|mode=historical|year=2017}}.<ref>{{cite news |title=Quikr buys HDFC Red and Realty for Rs 357 crore |url=https://www.moneycontrol.com/news/business/startup/quikr-buys-hdfc-red-and-realty-for-rs-357-crore-2508245.html |access-date=27 June 2023 |work=Moneycontrol |date=14 February 2018 |language=en}}</ref>

===GRUH Finance===
HDFC held approx. 59% in GRUH, a housing finance company offering loans to individuals for purchase, construction and renovation of dwelling units. GRUH also offers loans to the self-employed segment where formal income proofs are not available.<ref name=IPQ2FY201314/> It has a retail network of 136 offices across 7 states in India.<ref name=IPQ2FY201314/>

On October 17, 2019, GRUH Finance formally merged with Bandhan Bank, giving HDFC a 14.9% stake in Bandhan..

==Listings and shareholding==
'''Listing''': The equity shares of HDFC were listed on [[Bombay Stock Exchange]] where it was a constituent of the [[BSE SENSEX]] index,<ref>{{cite web |url=http://www.bseindia.com/indices/IndicesWatch_Weight.aspx?iname=BSE30&index_Code=16 |title=Scripwise Weightages in S&P BSE SENSEX |publisher=BSE India |access-date=16 November 2013 |archive-date=1 December 2015 |archive-url=https://web.archive.org/web/20151201094728/http://www.bseindia.com/indices/IndicesWatch_Weight.aspx?iname=BSE30&index_Code=16 |url-status=dead }}</ref> and the [[National Stock Exchange of India]] where it is a constituent of the [[S&P CNX Nifty]].<ref>{{cite web |url=http://www.nseindia.com/content/indices/ind_niftylist.csv |title=Download List of CNX Nifty stocks (.csv) |publisher=NSE India |access-date=16 November 2013}}</ref>

'''Shareholding''': On 30 September 2013, 73.09% of the [[Common stock|equity shares]] of the company were owned by the Foreign Institutional Investors (FII). Around 185,000 individual public shareholders own approx. 9.25% of its shares. The remaining 17.66% shares are owned by others.<ref name=Shareholding>{{cite web |url=http://www.hdfc.com/investors/shareholding_patterns.asp |title=Shareholding pattern |publisher=HDFC Limited |date=30 September 2013 |access-date=16 November 2013}}</ref>

{| class="wikitable"
|-
! Shareholders (as of 30-September-2013)!! Shareholding<ref name=Shareholding/>
|-
| [[Corporate promoter|Promoter]] Group||00.00%
|-
| Foreign [[Institutional investor|Institutional Investors]] (FII)||73.09%
|-
| Individual shareholders||09.25%
|-
| [[Insurance]] companies||08.42%
|-
| [[Mutual fund|Mutual Funds]]/[[Unit Trust of India|UTI]]||03.04%
|-
| Corporate Bodies||02.77%
|-
| [[Financial institution|Financial Institutions]]/[[Bank]]s||02.11%
|-
| [[Non-resident Indian and person of Indian origin|NRI]]/OCB/FDI/Others||01.32%
|-
| Total||100.0%
|}

==Employees==
As of 31 March 2013, the company had 1,833 employees, out of which 22% were women.<ref name=BRR201213/> The company incurred INR 5.28 billion on employee benefit expenses for the financial year 2012–13.<ref name=AR201213/> 
For FY 2012–13, the company reported a per employee profit of US$484,000 and per employee assets of US$18.5 million.<ref name=IPQ2FY201314/> 
HDFC's Training Centre is located in [[Lonavla]] Mumbai and it was established in 1989. It was mainly used for training programmes, workshops, conferences and strategy meetings.<ref>{{cite web |url=http://www.hdfc.com/others/center_for_housing_finance_chf.asp |title=HDFC Training Centre |publisher=HDFC |access-date=27 November 2013}}</ref>

==Awards and recognition==
* In 2013, a survey on "India's Best Boards" listed HDFC's Board of Directors among the 5 best boards in India.<ref name=ETBB2013/><ref>{{cite news |url=http://articles.economictimes.indiatimes.com/2013-07-26/news/40815148_1_hdfc-chairman-deepak-parekh-independent-directors-anand-burman |archive-url=https://archive.today/20131127095631/http://articles.economictimes.indiatimes.com/2013-07-26/news/40815148_1_hdfc-chairman-deepak-parekh-independent-directors-anand-burman |url-status=dead |archive-date=27 November 2013 |title=India's Best Boards 2013: Kumar Birla-led jury finds only five winners |newspaper=Economic Times |date=26 July 2013 |access-date=27 November 2013}}</ref>
* In May 2013, ''[[Forbes]]'' listed it at No. 561 in the Global 2000 list of largest companies.<ref>{{cite web |url=https://www.forbes.com/companies/hdfc/ |title=HDFC on the Forbes Global 2000 list |work=Forbes |date=May 2013 |access-date=27 November 2013}}</ref>
* In 2012, HDFC Limited was recognised as one of India's 'Best Companies to work for' in a joint study conducted by ''[[The Economic Times]]'' and 'The Great Place to Work Institute'.<ref>{{cite news |url=http://articles.economictimes.indiatimes.com/2012-07-16/news/32698656_1_vodafone-india-lodha-group-hcl-infosystems |archive-url=https://archive.today/20131119223855/http://articles.economictimes.indiatimes.com/2012-07-16/news/32698656_1_vodafone-india-lodha-group-hcl-infosystems |url-status=dead |archive-date=19 November 2013 |title=Best companies to work for 2012 |newspaper=Economic Times |date=16 July 2012 |access-date=20 November 2013}}</ref>

==See also==
* [[Mortgage loan]]
* [[HDFC Life]]
* [[HDFC Bank]]
* [[HDFC securities]]
{{Portal bar|Companies}}

==References==
{{Reflist|2}}

==External links==
* {{Official website}}

{{HDFC Group}}
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[[Category:HDFC Group| ]]
[[Category:Housing finance companies of India]]
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Housing Development Finance Corporation - Revision history

MarieDevore at 13:08, 25 March 2026