The Housing Development Finance Corporation
Subject
Strategy and Entrepreneurship
Publication Year
1999
Abstract
The largest provider of housing finance in India, HDFC is one of the most admired companies in the country. Beyond outstanding business performance, the company has also made an important contribution to Indian society, thereby demonstrating that a wholesome business, meeting an important social need, can also be extremely profitable. In 1998, however, in the context of a rapidly changing financial services industry in India, the company is facing some significant new challenges. It has diversified into several new businesses and is considering the possibility of transforming itself into a universal bank. Why has HDFC been so successful? What are the merits and demerits of its diversification? What must management do in 1998 to respond to the changing business environment? Rich discussions on these questions, based on information provided in the case, can help sensitize class participants to the challenges of creating and managing a successful company in an emerging market like India.
Topic List
Managing in Developing countries
Industry
Financial Services
Publication Event Date
1998
LBS Case Number
CS-99-018
Location
India
Publication Organisation Size
794 Employees
Project Funder
ESRC
Available on ECCH
No
