BANKING AFFAIRS

BANKING GENERAL KNOWLEDGE

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Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]

Which of the following is the largest Housing Finance Company in India?

A	SBI
B	HDFC
C	HUDCO
D	IHFL

Explanation:

Detailed explanation-1: -Housing Development Finance Corporation Ltd ( HDFC ) is the largest and the best home loan company in India based on Turnover.

Detailed explanation-2: -Housing Development Finance Corporation Limited (HDFC) is an Indian private development finance institution based in Mumbai. It is a major housing finance provider in India. It also has a presence in banking, life and general insurance, asset management, venture capital, realty, education, deposits and education loans.

Detailed explanation-3: -Indiabulls Housing Finance Ltd is a housing finance company based in India. Indiabulls Housing Financing Ltd. (IBHFL) is the second-largest private housing finance non-banking financial company (NBFC).

Detailed explanation-4: -History. Home First Finance was founded in 2010 by former chairman and co-founder of Mphasis, Jerry Rao; former CEO and MD of Bank of Baroda, PS Jayakumar; and Manoj Viswanathan, who previously worked with Citigroup India.

There is 1 question to complete.