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There are a lot of people in India who have their accounts with the HDFC Bank. It gives various services and offers multiple banking products due to which many people are inclined towards its services. But many people have heard about the HDFC Bank whether they are HDFC bank customers or non-HDFC users and they are unaware of the HDFC Full Form. So, the full form of HDFC is Housing Development Finance Corporation and it offers various banking services. People can open a savings account and current account in the same bank and enjoy various services. Earlier, the HDFC Bank used to provide financial help to the low and middle-class individuals of India. Let’s move on to the history of the HDFC bank and its origin.
Table of Contents
The HDFC Bank was incorporated in 1994 and it has its registered office in Mumbai Maharashtra. Now the HDFC Bank has more than 5500 branches across the country in more than 2700 cities. There are 430000 POS terminals of the HDFC Bank in India and it has issued millions of debit and credit cards until now. The subsidiaries of the HDFC bank are HDFC Securities and HDB Financial Services.
People Also Look For HDFC Cardless Cash Withdrawal from ATM
| Particulars | Details |
|---|---|
| Type | Public |
| Traded As | HDFCBANK |
| ISIN | INE040A01034 |
| Industry | Financial Services |
| Founded | August 1994 |
| Headquarters | Mumbai, Maharashtra |
| Chairman | Atanu Chakraborty |
| CEO | Sashidhar Jagdishan |
| Revenue | ₹155885 Crore in 2021 |
| Total Assets | ₹1746870 Crore in 2021 |
| Subsidiaries | HDFC Securities and HDB Financial Services |
There are various services offered by the HDFC Group and you must explore all of them. These services will make banking efforts easy for individuals. The HDFC Group offers the following services to the people of India:-
Conclusion
Now you are aware of the term HDFC that you might have heard in securities, banking, insurances, and many other services. So, the HDFC Full Form is HDFC is Housing Development Finance Corporation and whenever you come across this term, you should know the full form. You can enjoy various products and services of the HDFC groups that will definitely be going to surprise you.