HDFC bank was incorporated in the year 1994. It is considered as India’s largest housing finance company. It is one of those companies that received an ‘in principle’ approval from Reserve Bank of India (RBI) to set up a bank in the private sector.
The company mainly deals in three business sections which include Wholesale Banking Services, Retail Banking Services and Treasury. Within these business segments, HDFC has three key product areas- Foreign Exchange and Derivatives, Local Currency Money Market & Debt Securities and Equities.
News By : Indiamart
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