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HDBFS is a subsidiary of HDFC Bank Ltd. and a non-deposit taking Non-Banking Finance Company (NBFC) engaged in the business of financing the requirements of mainly individual borrowers and medium, small and micro business enterprises.
How is HDB Financial Services different from HDFC Bank?
What is the difference between HDFC and HDB Financial Services? HDB Financial Services is a subsidiary of HDFC Bank. HDB Financial Services is an NBFC that offers lending and BPO services. In contrast, HDFC is Indias leading private-sector bank.
Who is the parent company of HDB Financial?
Project Sponsor and Major Shareholders of Project Company HDB was incorporated as a subsidiary of HDFC Bank, which currently holds c. 95.87% shareholding in HDB, with the residual 4.13% being held by management and key personnel associated with HDFC Bank.
Is HDB merging with HDFC?
The merger between the Housing Development Finance Corp Ltd (HDFC) and HDFC Bank came into effect on 1st July 2023, Saturday.
Has HDB Financial Services filed DRHP?
IPO Filing Details and Timeline HDB Financial had submitted its Draft Red Herring Prospectus (DRHP) to SEBI on 30 October 2024.
HDB Financial Services. HDB Financial Services (HDBFS) is a leading Non-Banking Financial Company (NBFC) that caters to the growing needs of an Aspirational India, serving both Individual Business Clients.
Is HDB a part of HDFC Bank?
HDB Financial Services Ltd. HDB Financial Services is a retail-focused non-banking financial company (NBFC) in India, classified as an upper-layer NBFC (NMFC-UL) by the Reserve Bank of India (RBI). The company operates as a subsidiary of HDFC Bank and primarily serves individuals and small businesses.
What documents are required for HDB finance?
Proof of Identity: Voter ID Card/Passport/License/PAN Card/Aadhar Card. Proof of Address: Driving License/Ration Card/Voter ID/Utility Bill (maximum 3 months old) Proof of Date of Birth: PAN Card/Driving License/Birth Certificate. Bank statements: 6 months bank passbook, latest 3 months bank statements.
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