The Housing Finance Corp. Ltd.

Founded in 1977, the Housing Development Finance Corporation Limited (HDFC Ltd.) was India's first specialized mortgage company. Its primary mission was to increase home ownership by providing long-term finance for housing. Over the decades, it became a financial conglomerate with interests in banking, insurance, asset management, and more. On July 1, 2023, in one of the largest mergers in Indian corporate history, HDFC Ltd. merged with its subsidiary, HDFC Bank. The combined entity operates as HDFC Bank, creating a universal banking giant that offers a comprehensive suite of financial services, from retail and corporate banking to home loans, insurance, and wealth management.