Housing Development Finance Corporation Ltd. (HDFC) is a leading provider of Housing Finance in India.  It was established in 1977 with the primary objective of meeting a social need of encouraging home ownership by providing long-term finance to households. Over the decades, HDFC has turned the concept of housing finance for the growing middle class in India into a world-class enterprise with excellent reputation for professionalism, integrity and impeccable service.

Business area of the company

The Company is engaged in financing by way of loans for the purchase or construction of residential houses, commercial real estate and certain other purposes, in India.

Awards/ Recognition

• 2010 - HDFC awarded the 'Best Governed Company - 2010' by the Asian Centre for Corporate Governance & Sustainability.
• 2011 - Finance Asia's 10th Annual Poll, ranks HDFC amongst the 'Best Investor Relations Companies' in India.
• 2012 - HDFC awarded the 'Best Foreign Enterprise with a Developmental Role in Housing Finance in Africa' by the African Real Estate & Housing Finance Academy.
• 2013 - The HDFC Board recognized as one of the 'Five Best Boards' by the Economic Times and the Hay Group.
• 2014 - HDFC selected as the 'Top Indian Company' under the FI/NBFC/Financial Services Sector at the 'Dun & Bradstreet - Manappuram Finance Limited Corporate Awards 2014'.
• 2014 - The HDFC Board recognized as one of the 'Five Best Boards' by the Economic Times and the Hay Group.
• 2014 - HDFC wins awards for 'Best Loan Finance Bank & Best overall bank for Real Estate in India' at the Euromoney Real Estate Awards 2014.
• 2015 - HDFC featured in the list of top ten wealth creators (2009-2014) in a study undertaken by the Motilal Oswal 19th Annual Wealth Creation study 2014.
• 2015 - HDFC features in the world's top 10 list of consumer finance firms by Forbes magazine.
• 2016 - HDFC Ltd awarded with 'CNBC AWAAZ - Best Home Loan Provider of the Decade' at the CNBC Awaaz Real Estate Awards 2015.
• 2016 - HDFC Ltd awarded winner in 'Financial Institutions/ Non-Banking Financial Companies/ Financial Services' sector at the Dun & Bradstreet Corporate Awards 2016.
• 2016 - HDFC Ltd ranked 7th and the only Indian company in the list of world's top 10 consumer finance firms by Forbes in 2016 for the second consecutive year.
• 2016 - HDFC Ltd awarded with 'Leading Housing Finance Company of the Year' award by ASSOCHAM
• 2016 - HDFC Ltd ranked amongst the world's largest 500 companies in 'Top Green Companies in the World 2016' by Newsweek.
• 2016 - HDFC Ltd ranked 25th in the list of 'India's Most Attractive Employers' by Universum Global.
• 2017 - HDFC ranked as 2nd Best Performing Primary Lending Institution under CLSS for Economically Weaker Section /Lower Income Group category by NHB.
• 2017 - HDFC Ltd awarded Triple A rating for Best Masala Bond India & for Best QIP India for Rs 50 billion Non-Convertible Debentures and Rs 54 billion Warrants at The Asset Asian Awards 2016.
• 2017 - HDFC Ltd ranked 7th and only Indian company in the list of world's top 10 consumer finance firms by Forbes in 2017 for the third consecutive year. 
• 2017 - HDFC Ltd awarded winner in 'Financial Institutions/ Non-Banking Financial Companies/ Financial Services' sector at the Dun & Bradstreet Corporate Awards 2017. HDFC Ltd awarded as India's Leading Housing Finance Company at the Dun & Bradstreet BFSI Awards 2017
• 2017 - HDFC Ltd ranks 5th amongst Business Today's 500 India's Most Valuable Companies.
• 2017 - HDFC Ltd ranked 4th in the list of 'India's Most Attractive Brand 2017' by TRA Research.
• 2018 - HDFC Ltd awarded with 'Golden Peacock Award for Excellence in Corporate Governance - 2018' at the Institute of Directors (IOD) India's 18th Annual London Global Convention on Corporate Governance & Sustainability and Global Business Meet.
• 2018 - HDFC Ltd awarded as the 'Best Home Loan Provider' at the 12th CNBC-AWAAZ Real Estate Awards. HDFC has won the Best Home Loan Provider award thrice.
• 2018 - HDFC Ltd ranked 5th biggest consumer financial services company globally and the only Indian company to be part of the top 10 Consumer Financial Services Companies in the World for 4 consecutive years - Forbes Global 2000 List (2018).
• 2018 - HDFC Ltd was awarded in 'Financial Institutions/ Non-Banking Financial Companies/ Financial Services' sector at the Dun & Bradstreet Corporate Awards 2018. HDFC has won this award in 11 out of the last 13 years since the inception of this award.
• 2018 - HDFC Ltd was awarded as 'India's Leading Housing Finance Company' category at the Dun & Bradstreet India's Leading BFSI Companies & Awards 2018. This was their 2nd year of award for this category and HDFC has received it on both the occasions.
• 2019 - HDFC Ltd awarded as Best ‘Private Sector Financial Institution’ for PMAY-CLSS at PMAY Empowering India Awards 2019.
• 2019 - HDFC Ltd recognised as One of the Best Brands at The Economic Times Best Brands and Awards 2019.

Milestones

• 1977 - HDFC gets incorporated on October 17, 1977.
• 1978 - The first housing loan was disbursed to D. B. Remedios at Bombay.
• 1978 - The first public issue of equity shares of Rs 10 crore.
• 1982 - The company introduces the Line of Credit product (LOC) for employee owned housing.
• 1983 - The company signed the implementation agreement of Phase II of the USAID programme.
• 1984 - Annual loan approvals cross Rs. 100 crore.
• 1986 - HDFC loan approvals cover 1,000 towns.
• 1987 - HDFC's first Equity Rights Issue.
• 1988 - Shelter Assistance Reserve was set up with an initial contribution of Rs 50 lakh.     
• 1989 - Home Improvement loans and Home Extension loans.
• 1990 - Jointly with the United Nations Centre.
• 1991- Re-launch of Retail Fixed Deposit products.
• 1992 - Approval loan of £ 25 million.
• 1993 - Joint venture with GE Capital to promote Countrywide Consumer Financial Services Ltd. for consumer finance.
• 1994 - First private placement of Equity Shares.
• 1995 - Joint venture with IL&FS.
• 1996 - The company opens its first international office at Dubai, UAE.
• 1997 - The company gets an Asian Development Bank (ADB) loan of $100 million.
• 1997 - Promotes Delta Brac Housing Finance Corporation Limited.
• 1998 - Best managed company in India.
• 1999 - The company invests in a new Housing Finance company in Sri Lank a www.hdfcindia.com launched.
• 2000 - Joint venture with Mahindra & Mahindra group.    
• 2000 - First Mortgage Backed Securities.      
• 2000 - Joint Venture with TCS.
• 2001 - Figures in the Top 20.     
• 2001 - Among the Top 10 Asia's Best Managed Companies
• 2002 - HDFC Group's Asset base crosses Rs. 50,000 crore.
• 2004 - The company signs $200 million loan agreement with International Finance Corporation (IFC), Washington.
• 2005 - The company and Barclays signs long term BPO Contract. Barclays now holds 50% stake in Intelenet, the balance 50% resides with HDFC.
• 2006 - Institute of International Finance hails HDFC's Corporate Governance approach. 
• 2007 - Signing of joint venture by HDFC and ERGO on general insurance.
• 2013 - HDFC Mutual Fund Acquires the Schemes of Morgan Stanley Mutual Fund.
• 2014 - HDFC Re-launches ‘TRUFIXED'.
• 2015 - HDFC Life gets nod to up foreign partner stake.
• 2015 - FDI boost for HDFC as FIPB clears Standard Life's proposal.
• 2015 - HDFC launches Women Power.
• 2015 - HDFC launches its first school 'The HDFC School' in Gurgaon.
• 2016 - HDFC prices first Rupee Denominated Bond.
• 2016 - HDFC Ltd ranked 25th in the list of 'India's Most Attractive Employers' by Universum Global
• 2018 - HDFC Ltd adjudged as 'Best Performing Primary Lending Institution' under CLSS for EWS/LIG Category by the Honorable Prime Minister Shri. Narendra Modi and second best under MIG Category at 'Transforming Urban Landscape, 3rd Anniversary of Smart Cities Mission, Amrut and PMAY(U) 2018'.
• 2018 - In November 2018, HDFC disbursed over Rs. 1,100 crore subsidy to over 51,000 first time home buyers under PMAY – Credit Linked Subsidy Scheme.
• 2019 - HDFC Ltd felicitated as the Leader in Corporate Governance at the 4th Annual Announcement of ‘IFC-IiAS-BSE Governance Scores 2019'.
• 2019 - HDFC Ltd assists more than 1,40,000 first time homebuyers under PMAY.
• 2019 - HDFC Ltd’s Website Localized in Six Indian Languages becoming only corporate in financial sector to offer content on its website in 6 Indian languages (viz., Hindi, Marathi, Tamil, Telugu, Malayalam & Kannada).
• 2019 - HDFC Ltd ties up with India Mortgage Guarantee Corporation (IMGC) to provide mortgage guarantee backed homes.
• 2019 - HDFC Ltd announces acquisition of entire 50.8% shareholding of Apollo Hospitals Group in Apollo Munich health insurance.
• 2019 - HDFC Ltd’s Market Capitalization Crosses Rs 4 Lakh Crore for the first time (July 18, 2019).
• 2019 - HDFC Group’s Market Capitalization Crosses Rs 13 Lakh Crore for the first time with four listed companies viz., HDFC Ltd, HDFC Bank, HDFC Life & HDFC AMC. At closing of trade on 17th December 2019, M Cap stood at Rs 13,02,561 Crore.
• 2020 - HDFC acquires majority stake in Apollo Munich Health Insurance.
• 2020 - HDFC inaugurates new office in Andhra Pradesh.
• 2020 - HDFC gets board approval to invest Rs 1000 crore in Yes Bank.