On 12th July at 3:30 pm, the stock ticker HDFC flashed on the trading screens for one final time. After over four decades India’s first dedicated housing finance company had stopped trading on the stock exchanges.

Now we already wrote a story last year about why HDFC Ltd was merging with HDFC Bank and the implications of that. So we won’t get into that again. Rather, in today’s episode for 14th July 2023, we thought we’d rewind the clock a bit and see how the entity became a housing finance behemoth.

And just to be clear, this is not a paid post. We don’t do those here at Finshots. 🙂

If you're a person who is great at communicating and are enthusiastic to join our team, Ditto is looking to recruit new Insurance advisors. You don't even have to know about Insurance, we would train you from scratch and you can enjoy working remotely with a great team. If you're interested in this or know someone who is please click this link - bit.ly/3rnVoKv