HDFC, or the Housing Development Finance Corporation, is a leading financial institution in India that primarily focuses on providing housing finance. Established in 1977, it aims to promote home ownership by offering various loan products, including home loans, personal loans, and insurance services. Over the years, HDFC has expanded its services to include banking through HDFC Bank, one of India's largest private sector banks. The corporation plays a significant role in the Indian economy by facilitating affordable housing and contributing to the growth of the real estate sector.