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HDFC Ltd. And ERGO International AG formed a joint venture firm named HDFC ERGO General Insurance Company Limited. [3] ERGO became a 49% stakeholder in the Company in 2015. In June 2019, HDFC announced plans to acquire a 51.2 percent stake in Apollo Munich Health Insurance and later merged it with its general insurance arm, HDFC ERGO. [4]
It is a wholly owned international subsidiary of HDFC Life and was incorporated on 10 January 2016 under the previous Companies Law DIFC Law No. 2 of 2009, registration number 2067. [2] [3] HDFC international Life & Re had received its regulatory license from the Dubai Financial Services Authority ("DFSA") effective on January 31, 2016, and is ...
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.
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]
In July 2023, HDFC merged with HDFC Bank, India’s largest private-sector bank. The merger aimed to broaden the group's financial offerings and enhance customer access by leveraging the bank's extensive network and diverse portfolio. This strategic consolidation marked a significant milestone in India's financial services landscape. [12]
Worldwide distribution of country calling codes. Regions are coloured by first digit. Telephone country codes, but also sometimes referred to as country dial-in codes, or historically international subscriber dialing (ISD) codes in the U.K., are telephone number dialing prefixes for reaching subscribers in foreign countries or areas via international telecommunication networks.
The Life Insurance Corporation of India (LIC) is an Indian multinational public sector life insurance company headquartered in Mumbai.It is India's largest insurance company as well as the largest institutional investor with total assets under management worth ₹ 52.52 trillion (US$610 billion) as of March 2024. [4]
Users can switch carriers while keeping number and prefix (so prefixes are not tightly coupled to a specific carrier). If there is only 32.. followed by any other, shorter number, like 32 51 724859, this is the number of a normal phone, not a mobile. 46x: Join (discontinued mobile phone service provider) [3] 47x: Proximus (or other) 48x