A Housing Finance Institution in the private sector is
(A) HUDCO (B) SBI (C) PNB (D) HDFC
Answers
Answered by
0
(D) HDFC
is the correct answer.
The full form is Housing Development and Financial Corporation, which is in private sector. HDFC Bank is its sister institution.
Answered by
1
The correct option is (D) HDFC
HDFC is the abbreviated form of Housing Development and Financial Corporation.
It is an Indian financial conglomerate with headquarters at Mumbai, India. It caters housing finance, banking opertions, life and general insurance, asset, etc.
It was founded in 1977 as a mortgage company in India and was largely invested by the Industrial Credit and Investment Corporation of India.
Hope it helps!
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