GK
IMPORTANT ABBREVIATIONS
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Heavy Deposit Forecast Company
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Hiber Development Financial Commission
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Housing Development Finance Corporation
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Housing Distributor and Financial Consultant
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Detailed explanation-1: -What is the Full form of HDFC? The full form of HDFC is the Housing Development Finance Corporation. HDFC is a renowned Indian housing financial institution, mainly providing home loans to middle and low-class citizens to buy houses and builders for building projects.
Detailed explanation-2: -The Housing Development Finance Corporation Limited or HDFC was among the first financial institutions in India to receive an “in principle” approval from the Reserve Bank of India (RBI) to set up a bank in the private sector.
Detailed explanation-3: -The National Housing Bank (NHB) is a state-owned bank and regulatory authority in India established under section 6 of the National Housing Bank Act of 1987. It was created on 08th July 1988.