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HDFC - Loan

Sector: Residential • Location: India

Source: International Finance Corporation (IFC)

Project
Completed

Housing Development Finance Corporation Limited (HDFC or the company) is one of India's premier financial institutions. The company was incorporated in 1977 with a share capital of Rs.100 million ($11 million) and has since grown to become the largest residential mortgage finance institution in the country, with over 50% of the total market share and a market capitalization of $1.9 billion equiva

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Project Information

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The project “HDFC - Loan” is an infrastructure initiative in the Residential sector, located in India. Taiyo aggregates data on it from International Finance Corporation (IFC).

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Participants

Sponsoring Agency

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Company

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Status

Original status

completed

Taiyo status

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Email

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Description

Description

Housing Development Finance Corporation Limited (HDFC or the company) is one of India's premier financial institutions. The company was incorporated in 1977 with a share capital of Rs.100 million ($11 million) and has since grown to become the largest residential mortgage finance institution in the country, with over 50% of the total market share and a market capitalization of $1.9 billion equivalent. The purpose of the project is to provide HDFC long-term funding not available in the local market and to assist the company in extending the maturity of syndicated funding accessible internationally. Funds from the investment would be used by HDFC to extend its reach to the underserved middle and lower income segments of the population in India.

Original sub-sector

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Original Currency

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Original budget

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Source

Source reliability

High

Data quality score

100%

Source

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URL

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More Details

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