HDFC LIFE INSURANCE

"HDFC STANDARD LIFE INSURANCE HISTORY"
VISION STATEMENT:-"The most successful and admired life insurance company, which means that we are the most trusted company, the easiest to desl with , offer the best value for money, and set the standards in the industry. In short, "The most obvious choice for all." AWARD'S:-(a)The ecomomic Times Lifetime Achievement award for HDFC Chairman. Mr.Deepak Parekh in 2004 .(b)HDFC wins the Economic Times Corporate Citizen of the year award for its longstanding commitment to community development in 2005. (c)Padma Bhushan for HDFC Chairmen Deepak Parekh in 2006.NATIONAL RECORD:-LIMKA BOOK of records in 2006 additional futures HDFC for the landmark achievement of Rs.One Lakh Crore in home loan approvals.HDFC INAUGURATION:-(a)HDFC bank inaugurated by Dr.Manmohan Singh, the Union Finance Minister in 1995. (b)Shri Yashwant Sinha, Union minister for finance, inaugurates the new HDFC STANDARD LIFE office in Mumbai in 2000.SHARES:-HDFC Banks American Depository Shares (ADS) are listed on the New York stock exchang .
2001"FINANCIAL CONGLOMERATE"* HDFC BANK * HDFC HOME LOANS * HDFC
DEPOSITS * HDFC STANDARD LIFE INSURANCE * HDFC MUTUAL FUND * HDFC REALTY.COM * HDFC SECURITIES * HDFC INTELENET * HDFC CHUBB GENERAL INSURANCE CO.LTD. SNAPSHOT:-* Incorporated in 1977 as the first specialised mortgage company in India.* Almost 90 % of initial shareholding in the hands of domestic institution and retail investors.* Currently 80 % of shares held by foreign instirutional investiors.* Besides the core buisness of mortgages HDFC has evolved into a financial conglomerate with holdings in (a) HDFC standard life insurance company - HDFC holds 81.90%(b) HDFC Asset Management Company- HDFC holds 50.10%(c) HDFC Bank- HDFC holds 21.56%(d) Intelenet Global (Business Process Outsourcing)- HDFC holds 50%(e) HDFC Venture Capital Ltd. (Domestic Property Fund)- HDFC holds 80.50%(f) HDFC Property Ventures Ltd. (Int. Property Fund )- HDFC holds 100%
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