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History hdfc bank full form. Hdfc is a private bank established in august 1994 with its head quarter in mumbai maharashtra and its managing director is aditya puri. Company history hdfc bank 1994 the bank was incorporated on 30th august. Hdfc bank commenced operations as a scheduled commercial bank in january 1995. Hdfc bank doesnt have a full form its the whole name.
I video history of hdfc bank b ii hdfc bank full detail knowledge on hdfc bank. Housing development fund corporation. Hdfc bank full form in hindi. Even though the company was set up for the housing finance but became a bank in 1994 after the private bank liberalizations took place.
Hdfc a premier housing finance company. 17 ab 1977 hdfc bl l. Business finance. Hdfc the full name of this bank is housing development finance corporation hdfcthat was incorporated in 1977.
Hdfc bank originally known as the housing development finance corporation hdfc is a banking and financial services company headquartered in mumbai india. It has a base of 111208 permanent employees. It was promoted by housing development finance corporation hdfc and gave them the name. Keep reading to know more.
Ramon house churchgate branch was inaugurated on 16 january 1995 as the first branch of the bank. Hdfc bank was incorporated in 1994 with its registered office in mumbai maharashtra indiaits first corporate office and a full service branch at sandoz house worli were inaugurated by the then union finance minister manmohan singh. Hdfc bank was listed on the bombay stock exchange on 19. A new private sector bank promoted by housing development corporation ltd.
It was ranked 60th in. The parent company still continues to exist. What does hdfc mean. In march 1995 hdfc bank launched rs 50 crore initial public offer ipo 5 crore equity shares at rs 10 each at par eliciting a record 55 times oversubscription.
We have found 1 more result for hdfc. Hdfc bank form center download various forms online for all the financial products services offered by indias leading bank hdfc bank. Hdfc bank full form aa hdfc bank history. So they are 2 different entities with 2 different names.
It is indias largest private sector lender by assets.
