HDFC Securities Limited is a financial services intermediary and a subsidiary of HDFC Bank, a private sector bank in India. HDFC securities was founded in the year 2000 and is headquartered in Mumbai with branches across major cities and towns in India. HDFC Securities is the stock broking arm of India’s largest private-sector lender, HDFC Bank, and began operations in April 2000. It began as a joint venture between HDFC Bank Limited, HDFC Limited and Indocean eSecurities Holdings Limited. Along with its stock broking services, HDFC Securities is a distributor of financial products. In 2006, HDFC Bank bought HDFC Ltd's stake and in 2008 acquired another 4% from Indocean eSecurities. Currently, HDFC Securities is a subsidiary of HDFC Bank. More information...
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