Question

example of a finance company and how that particular company you choose works?

example of a finance company and how that particular company you choose works?

Homework Answers

Answer #1

I have chosen HDFC limited which is a company listed in indian share markets.

It is the largest issuer of the home loans in india and oldest Non banking financial company in the country.

Housing development finance corporation is known for issuing sound loans to the home loan buyers who have high Debt repayment capability. It is treated as one of the primary institution in india which have high trust value and supreme level of corporate governance.

It issues loans to the home loan buyers all across the company and it is also the holding company of HDFC group which owns quality companies like HDFC bank, HDFC life, HDFC Asset management company.

It has a sound future projection and amid this choas when the solvency of most of the NBFC companies are in danger, HDFC is expected to gain more of the market share when competitors are wiped out.

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