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[13] [15] HDFC was promoted by the Industrial Credit and Investment Corporation of India . [16] Hasmukhbhai Parekh played a key role in the foundation of the company which started with the main aim of solving the housing shortage in India and steadily grew thereafter. [13] In 2000, HDFC Asset Management Company launched its mutual fund schemes ...
Mygate is an app created to manage security and community living in housing societies. [2] [3] The app was launched in 2016, and as of November 2021, it claimed to serve over 25,000 housing societies across 27 cities in India. [4] [5] [6] Mygate is owned by Vivish Technologies and headquartered in Bangalore. [7]
The company is a joint venture between Housing Development Finance Corporation Ltd (HDFC), one of India's leading housing finance institutions and Abrdn, a global investment company. [5] As of 31 March 2020, the promoters; HDFC Ltd. and Standard Life (Mauritius Holdings) 2006 Ltd. hold a 51.69% and 34.75% stake in HDFC Life respectively. [5]
Where to invest $1,000 right now? ... One area of growth over the past few years has been the popular person-to-person payment app, Venmo. Just five years ago, Venmo had about 52 million users ...
On 4 April 2022, HDFC Ltd announced that it would merge with HDFC Bank, marking India's largest-ever M&A deal. [23] [24] As part of the merger, HDFC Ltd would transfer its home loan portfolio to HDFC Bank, while the bank offered depositors of HDFC Ltd the choice of either withdrawing their money or renewing their deposits with the bank at the interest rate that the bank was then offering.
Investing even a few dollars each month can sometimes be enough to see a return if you’re using the right investment strategy. Consider the current state of your finances.