Housing Development Finance : Intimation to SE - RPT Disclosure - 26052021

	-i HDFC
	HOUSING DEVELOPMENT FINANCE CORPORATION LIMITED
	www.hdfc.com
Ref. No. SE/ 2021-22/70
May 26, 2021
BSE Limited	National Stock Exchange of India Limited
P. J. Towers,	Exchange Plaza, Plot No. C/1, Block G,
Dalal Street,	Bandra-Kurla Complex, Bandra (East)
Mumbai 400 001.	Mumbai 400 051.
Kind Attn: - Sr. General Manager	Kind Attn: Head - Listing
DCS - Listing Department
Dear Sirs,
Sub: Disclosure under Regulation 23(9) of the SEBI (Listing Obligations and Disclosure
Requirements) Regulations, 2015 (Listing Regulations)
In accordance with the captioned subject, please find enclosed herewith the disclosure of
related party transactions on a consolidated basis for the year ended March 31, 2021.
The said disclosure is also being uploaded on website of the Corporation, www.hdfc.com.
We request you to kindly take the same on record.
Thank you,
Yours faithfully,
For Housing Development Finance Corporation Limited

Encl: a/a

HOUSING DEVELOPMENT FINANCE CORPORATION LIMITED
DISCLOSURE OF RELATED PARTY TRANSACTIONS AS ON MARCH 31, 2021 ON CONSOLIDATED BASIS
(In accordance with Regulation 23 (9) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015)
As per Ind AS-24, Related Party Disclosure, Housing Development Finance Corporation Limited ("Corporation") Group's related parties are disclosed below:
Associates	Investing Party and its Group Companies
HDFC Bank Limited	ERGO International AG
Good Host Spaces Private Limited	Munich Re
Magnum Foundations Private Limited (Upto February 23, 2021)	Standard Life Investments Limited
True North Ventures Private Limited	Standard Life (Mauritius Holdings) 2006 Limited
HDFC Securities Limited (Subsidiary of HDFC Bank Limited)	Post employment benefit plans of the Corporation or its related entities
HOB Financial Services Limited (Subsidiary of HDFC Bank Limited)
Renaissance Investment Solutions ARC Pvt. Ltd (w.e.f 24 November 2020)	(where there are transactions)
GRUH Finance Ltd (w.e.f. 31 August 2019 to 17 October 2019)	Housing Development Finance Corporation Limited Provident Fund
	Superannuation Fund of Housing Development Finance Corporation Limited
Entities where Directors/Close family members of Directors of the	Gratuity Fund of Housing Development Finance Corporation Limited
Corporation have control / significant infiuence	HDFC Asset Management Co. Ltd. Employees Group Gratuity Assurance Scheme
(where there are transactions)	HDFC Capital Advisors Limited Gratuity Fund
Geetanjali Trading and Investments Private Limited	HDFC ERGO General Insurance Company Limited Superannuation Fund
Entities over which control is exercised	HDFC ERGO General Insurance Company Limited Employees Gratuity Trust
H T Parekh Foundation
HDFC Employees Welfare Trust	Key Management Personnel (Non-executive directors)
HDFC Employees Welfare Trust 2	Mr. Deepak S Parekh (Chairman)
Maharashtra 3E Education trust	Mr. Nasser Munjee
3E Education trust	Dr. J. J. Irani
	Mr. U. K. Sinha
Key Management Personnel (Whole-time Directors)	Ms. lreena Vittal
Mr. Keki M. Mistry (Vice Chairman & CEO)	Dr. Bhaskar Ghosh
Ms. Renu Sud Karnad (Managing Director)	Mr. Jalaj Dani
Mr. V. Srinivasa Rangan (Executive Director)
	Relatives of Key Management Personnel (Non-executive
	directors)
Relatives of Key Management Personnel (Whole-time Directors)	(where there are transactions)
(where there are transactions)	Mr. Aditya D Parekh
Mr Singha! Nikhil	Mr. Siddharth D Parekh
Mr. Ashok Sud	Ms. Harsha Shantilal Parekh
Mr. Bharat Karnad	Ms. Smita D Parekh
Ms. Arnaaz K Mistry	Mr. Malav A Dani
Ms. Tinaz K Mistry	Mrs. Niamat Mukhtar Munjee

The Group's related party transactions and balances are summarised as follows:									(tin Crore)
Nature of related party	-		Nature of Transaction/s			March 31,	March 31,
							2021	2020
			Consultancv, Fees & Other Income		0.45	1.31
			Reinsurance Income	796.59	283.97
			Other Income/ Receiots	2.84	3.74
			Interest Exoense		16.28	12.95
Investing Party and its Group Companies			Other Exoenses/ Pavments	2.51	-
		Reinsurance Exoenses	1,534.42	401.29
			Other Advances / Receivables		0.57	1.25
			Non-Convertible Debentures Closina balance			210.00	170.00
			Other Liabilities / Pavables	839.21	228.61
			Dividend Paid		230.08	76.38
			Dividend Income	-	1,195.49
			Rent Income		1.66	1.50
			Support cost recovered (Prorata Building Maintainence Cost)	0.39	0.40
			Premium Received		144.40	118.91
			Interest Income		108.13	76.88
			Reimbursement of Cost		2.09	2.18
			Other Income/ Receiots	542.01	469.76
			Interest Exoense		56.51	89.08
			Finance Cost	(179.72)	(54.84
			Bank & Other Charaes	39.58	41.88
			Donation I@	-	3.00
			Provision for Diminution in the value of Investments	(8.02	2.19
			Other Exoenses/ Pavments		2,370.79	2,081.13
			Investments made durina the vear	21.55	86.71
			Investments sold / Redeemed	13.12	-
			Securities sold of other entities	11.43	487.28
Associates			Investments- Debentures & Bonds Closinn balance	1,022.20	911.71
		Securities ourchased of other entities	2,945.12	2,TT6.11
			Loans aiven	19.53	4.52
			Loans renaid	27.45	-
			Loans Sold	18,979.78	24,127.25
			Loans Closina balance	23.61	31.53
			Bank Denosits nlaced	2.457.11	783.26
			Bank Deoosits matured / withdrawn	2,638.82	268.95
			Bank Balance and Deoosits Closina balance	2,147.50	4,865.38
			Trade Receivable	1.89	51.64
			Other Advances / Receivables	198.79	165.81
			Preoaid Premium	0.44	1.12
			Denosits Received	100.00	75.00
			Deoosits Closina balance		50.00	-
			Other Liabilities / Pavables	293.43	784.47
			Amounts navable - Securitised Loans Closinn balance	494.75	387.80
			Denosits Matured / Reoaid	50.00	75.00
			Dividend Paid	0.25	0.02
			Guarantees	2.83	2.09
			Sunrv-.rt cost recovered (Deoutation cost recoveredl	0.06	0.21
			Interest Exn<>nse	8.60	13.68
			CSR Exoenditure	112.73	182.80
Entities over which control is exercised			Trade Receivable	-	0.02
		Dennsits re=id / matured	140.00	21.01
			Deoosits Closina balance	11.25	151.25
			Other Liabilities / Pavables	0.28	0.17
			Dividend Paid	0.12	0.09
Entities over which Director / closed family member of director having	Interest Income	-	20.68
control/ iointlv control			Loans reoaid	-	300.00
			Interest Exni,nse	0.11	0.17
			Contribution To PF & Other Funds	82.37	63.72
Post employment benefit plans of the Corporation or its related entities	Investments- Debentures & Bonds Closina balance	59.00	34.84
Other Advances / Receivables	4.02	0.10
			Non-Convertible Debentures - Redemntion	0.80	-
			Non-Convertible Debentures Closina balance	1.00	1.80
			Other Liabilities / Pavables	0.04	24.62

								(tin Crore)
Nature of related party	Nature of Transaction/s	March 31,		March 31,
-					2021		2020
		Premium Received		0.09			I 0.03
		Interest Income	0.00		0.00
		Interest Expense	1.22			0.29
		Remuneration #	40.42		39.19
		Sittinci Fees	0.99		1.47
		Share based oavments	30.71		-
Key Management Personnel (Whole-time directors)	Other Exoenses/ Payments		-			0.00
Consultancy, Fees & Other Charges	0.60				0.72
		Loans reoaid	0.02		0.01
		Loans Closinq balance	-		0.02
		Deoosits Received	21.01			0.01
		Deoosits reoaid / matured	3.25	0.01
		Deoosits Closinq balance	21.05			3.28
		Other Liabilities / Payables		1.01			0.39
		Dividend Paid			6.59
		Premium Received	10.00		10.00
		Interest Expense	0.05		-
		Sittino Fees	1.13		1.21
Key Management Personnel (Non-executive directors)	CommissionM	4.50		4.60
Other Expenses/ Payments	0.66		0.65
		Consultancv, Fees & Other Charqes	0.20		0.24
		Deoosits Received	1.00		-
		Deoosits Closino balance	1.00		-
		Dividend Paid	2.47		2.14
		Premium Received		1.00		1.00
		Interest Income	0.02		0.03
		Interest Exoense	0.09		0.04
		Other Expenses/ Payments	-		0.01
		Loans repaid	0.03		0.03
Relatives of Key Management Personnel (Whole-time directors)		Loans ClosinQ balance	0.30		0.32
	Other Advances / Receivables	-		0.01
		Deposits Received	2.57		-
		Deposits repaid / matured	0.50
		Deoosits Closina balance		2.57		0.50
		Other Liabilities / Payables	0.06		0.05
		Dividend Paid	1.28		1.15
		Premium Received	0.20		0.20
		Interest Expense	1.36		1.56
		Other Exoenses/ Payments	0.00		0.00
Relatives of Key Management Personnel (Non-executive directors)		Deposits Received	6.28		14.89
	Deoosits repaid / matured	5.77		21.15
		Deoosits Closinq balance	17.17		16.66
		Other Liabilities / Payables	1.40		0.75
Notes:-	Dividend Paid	3.13		2.82
All Related Party Transactions entered during the year were in ordinary course of business and on arm's length basis.

• Expenses towards gratuity and leave encashment provisions are determined actuarially on overall Company basis at the end of each year and , accordingly, have not been considered in the above information.
  M Commission is approved by the Board of Directors within the limit as approved by the shareholders of the Corporation and will be paid post adoption of annual accounts by the shareholders.
• Previous Year Donations includes t 3 crore, utilised out of Shelter Assistance Reserve.

'O" denotes amount less than t Fifty thousand.