What does HDFC stand for ? HDFC – Housing Development Finance Corporation HDFC BANK HDFC Bank (Housing Development Finance Corporation) is India's largest private sector bank by assets and worlds 10th largest bank by market capitalisation as of April 2021. It is the third largest company by market capitalisation of $122.50 billion on the Indian stock exchanges. HDFC Bank Limited is an Indian banking and financial services company, headquartered in Mumbai. HDFC is a financial services provider founded in 1977. Major products include accounts, deposits, payments, insurance, money transfers, loans, business financial management, business services, and card payments. Total Assets – ₹1,746,870 crore (US$230 billion) (2021) Bank Related Full Form ICICI AXIS RBI SBI