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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. [ 16] It has a retail network of 136 offices across 7 states in India.
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.
Number of employees. 9,500+ (2018) [ 1] Parent. Piramal Group. Website. www .piramalfinance .com. Piramal Capital and Housing Finance Limited (earlier Dewan Housing Finance Corporation Ltd. ( DHFL )) is a non-deposit taking housing finance company, headquartered in Mumbai with branches in major cities across India. [ 2][ 3] DHFL was established ...
If you’re getting down payment assistance through a state housing finance agency (HFA), you’ll be required to pair it with a first mortgage through one of the HFA’s partner lenders.. Lastly ...
LIC Housing Finance Limited ( LIC HFL) is one of the largest mortgage and loan companies in India, with a registered corporate office in Mumbai. It is a subsidiary of LIC, mainly providing long-term financing to people who purchase or construct residential houses or flats. It also finances the repair and renovation of existing residences and ...
Home First Finance. Home First Finance Company India Limited is an Indian housing finance company in the affordable housing segment based in Mumbai and founded in 2010. It provides home loans, mortgage loans and home construction loans. [ 5][ 6] Its equity shares are listed on Bombay Stock Exchange and National Stock Exchange. [ 7]
Owner. 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.
The company is a joint venture between Housing Development Finance Corporation Ltd (HDFC), one of India's leading housing finance institutions and Abrdn, a global investment company. [5] As of 31 March 2020, the promoters; HDFC Ltd. and Standard Life (Mauritius Holdings) 2006 Ltd. hold a 51.69% and 34.75% stake in HDFC Life respectively. [5]