HDFC is a major Indian financial institution that was founded in 1977. It acts as both a housing finance company and commercial bank. As a housing finance company, HDFC provides loans to individuals for home purchases. It established HDFC Bank in 1994 as one of India's first new generation commercial banks. HDFC Bank has grown significantly and now has a large market share in India. It focuses on high quality customer service and delivering innovative products. HDFC Bank is publicly traded in India and globally. Both HDFC and HDFC Bank have experienced executives and directors guiding their business strategies and operations.