concept of business_model.

May 29th, 2015
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The ICFAI University HDFC’S BUSINESS MODEL “We have looked at the concept of a universal bank, single entity but realized it makes more sense to have separate legal entities with HDFC on the top, holding equity in each” Mr. Keki Mistry, M.D., HDFC . “I do not agree that a single product company cannot be a successful company. One example of the most successful company today in the financial sector is the HDFC”. Mr. Janaki Ballabh, ex-Chairman, State Bank of India.

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The ICFAI UniversityHDFCs Business ModelWe have looked at the concept of a universal bank, single entity but realized it makes more sense to have separate legal entities with HDFC on the top, holding equity in each Mr. Keki Mistry, M.D., HDFC1.I do not agree that a single product company cannot be a successful company. One example of the most successful company today in the financial sector is the HDFC. Mr. Janaki Ballabh, ex-Chairman, State Bank of India.2IntroductionHousing has been an important item on the national agenda of the Government of India over the years. In the year 1998, the government declared housing for all as a priority area and set a target of constructing two million houses every year. According to the National Building Organization (NBO), as in March 2003, the total housing shortfall was established to be 19.4 million units, of which 12.76 million units were in rural areas and 6.64 million units in urban areas3. According to Housing Development and Finance Corporation (HDFC), every rupee spent on housing was estimated to lead to a 78 paise increase in gross domestic product4. Housing has been a visible output, which reflected the progress of the country. It has been a vital sector of the national economy that generated jobs, taxes and wages that positively influenced the quality of life.In the late 1990s, globally there was a trend of mergers and consolidation. According to Top Ten Banki

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