Housing Development Finance Corporation (HDFC) has earned Rs 263 crore as profit on sale of investments during the first quarter of the current financial year. Its profit on sale of investments during the June 2020 quarter had stood at Rs 1,241 crore.
HDFC offers a whole gamut of products like loans to individuals, loans to corporates, construction finance, and lease rental discounting. The financial conglomerate has subsidiaries and associates in insurance (general and life), asset management, education finance, venture funds and banking services.