Housing Development Finance Corporation, which is popularly known as HDFC in India, established in the year 1978, and has been an active participant in financial and supportive financial activities across the nation for companies and services of various sectors. HDFC gained popularity as a private bank in 1994, during a period when India was going through a financial overhaul, and the whole structure was being privatized and liberalized for the betterment of financial framework.
Since then it has grown and matured as a bank, so much so that now it has become one of the premium banks in the nation with the most reliable clientele. Thoughtful marketing, introduction of good financial products, aggressive expansion and most importantly, excellent service is the reason that HDFC is amongst the top 2 banks of India. (ICICI and HDFC are always at loggerheads) [Read more...]