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HDB Financial Services Limited is a subsidiary company of HDFC Bank. The bank was incorporated in August 1994 in the name of ‘HDFC Bank Limited’, with its registered office in Mumbai, India.
Is HDB Financial Services a Good Investment?
HDBFS is accredited with CARE AAA & CRISIL AAA ratings for its long-term debt & Bank facilities and an A1+ rating for its short-term debt & commercial papers, making it a strong and reliable financial institution.
What services does HDB Financial Services?
Explore our Products
- Personal Loan. KNOW MORE. APPLY NOW.
- Salaried Personal Loan. KNOW MORE. APPLY NOW.
- Business Loan. KNOW MORE. APPLY NOW.
- Loan Against Property. KNOW MORE. APPLY NOW.
- Gold Loan. KNOW MORE. APPLY NOW.
- Two Wheeler Loan. KNOW MORE. APPLY NOW.
- New to Credit Loan. KNOW MORE. APPLY NOW.
- Commercial Vehicle Loan. KNOW MORE.
Is HDB bank private or government?
HDB Financial Services Limited is a Non-govt company, incorporated on 04 Jun, 2007. It’s a public unlisted company and is classified as’company limited by shares’. Company’s authorized capital stands at Rs 100155.0 lakhs and has 78.172905\% paid-up capital which is Rs 78294.08 lakhs.
Who is the founder of HDB?
Ramesh G
Hdbfs.com has 17399 employees. It was founded in 2008….Ramesh G overview.
| Name : | Ramesh G |
|---|---|
| Designation : | Managing Director And Ceo |
| Location : | India |
| Company : | HDB Financial Services Limited |
| Social Handles : |
How do I cancel my HDB consumer loan?
The steps for closing HDB Financial Personal loan are as follow:
- Pay the last instalment of the HDB Financial loan and contact the bank for closing the loan.
- Provide all the relevant documents like identity proof, last EMI payment, and loan account number to the HDB Financial branch where you opted for the loan.
HDFC Bank holds 95.53\% shares in HDBFS as of 31.03….HDB Financial Services Limited Unlisted Shares Details.
| Total Available Shares: | 200 |
|---|---|
| Face Value: | ₹ 10 Per Equity Share |
| Lot Size: | 500-600 Shares |
| Current Unlisted Share Price: | ₹ 950 Per Equity Share |
What are the three core values of HDB?
The HDB Brand Values – professional, caring, and trustworthy – represent the qualities we stand for in the way we work and communicate with our customers and stakeholders.
Which banks merged with HDFC Bank?
HDFC Bank merged with Times Bank in February 2000. This was the first merger of two private banks in the New Generation private sector banks category. Times Bank was established by Bennett, Coleman and Co.
Which ministry is HDB?
the Ministry of National Development
We are Singapore’s public housing authority and a statutory board under the Ministry of National Development. We take pride in creating homes and towns that form a quality living environment for the young and old.
What is the value of HDB Financial Services (HDB)?
Subsidiaries and associate companies have an equally blazing track record (GRUH Finance, HDFC Standard Life and HDFC AMC). Next in line is HDB Financial Services (HDB), a subsidiary of HDFC Bank (95.9 percent owned by the bank). As per media sources, the unlisted subsidiary is being valued at Rs 90,000 crore.
Will HDB add value to HDFC Bank’s stock performance?
HDFC Bank owns 95.9 percent in HDB. Hence, value unlocking in HDB will be particularly important to shareholders of HDFC Bank. Investors would like to know how much the potential listing of HDB can add to HDFC Bank’s stock performance. But for that, we first need to know HDB’s valuation. What valuation will HDB command?
A lot of value is being created by its subsidiaries: HDFC Securities and HDB Financial Services. Value unlocking in the subsidiaries through an IPO in future will only add to the stock’s performance. Next in the line could be HDB Financial Services (HDB), a subsidiary of HDFC Bank (the bank owns 95.9 percent stake in HDB).
Is HDFC Bank worth Rs 800-900 per share?
Sources said that investors are buying shares of unlisted HDB around Rs 800-900 per share over the counter, valuing the company at Rs 60,000 -70,000 crore (FY21 estimated price-to-book value of 6-7 times). If we incorporate this into the valuation, the upside to the HDFC Bank stock increases substantially.