Samiksha Jaiswal (Editor)

HDFC Bank

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Industry
  
Financial services

Products
  
Banking

CEO
  
Aditya Puri (Sep 1994–)

Founded
  
August 1994, India

Area served
  
India

Website
  
www.hdfcbank.com

Headquarters
  
Mumbai

Number of employees
  
90,421

HDFC Bank httpslh6googleusercontentcom5PzEopGpdaoAAA

Type
  
Publicly traded company

Traded as
  
BSE: 500180 NSE: HDFCBANK BSE SENSEX Constituent CNX Nifty Constituent

Stock price
  
HDFCBANK (NSE) ₹ 1,407.45 +13.25 (+0.95%)10 Mar, 3:30 PM IST - Disclaimer

Subsidiaries
  
HDFC securities, Next Gen Publishing

Profiles

hindi how to open hdfc bank account online


HDFC Bank (Housing Development Finance Corporation) is an Indian banking and financial services company headquartered in Mumbai, Maharashtra. It has 90,421 employees and has a presence in Bahrain, Hong Kong and Dubai. HDFC Bank is India’s second-largest private sector lender by assets. It is the largest bank in India by market capitalization as of February 2016. It was ranked 69th in 2016 BrandZTM Top 100 Most Valuable Global Brands.

Contents

Hdfc bank s ira intelligent robotic assistant


History

In 1994 HDFC Bank was incorporated, with its registered office in Mumbai, India. Its first corporate office and a full service branch at Sandoz House, Worli was inaugurated by the then Union Finance Minister, Manmohan Singh.

As of December 31, 2016, the Bank’s distribution network was at 4,555 branches and 12,087 ATMs across 2,597 cities / towns .

Products and services

Market leader in e-commerce, HDFC Bank provides a series of digital offerings like - 10 second personal loan, Chillr, PayZapp, SME Bank, Watch Banking, 30-Minute Auto Loan, 15-minute Two-Wheeler Loan, e-payment gateways, Digital Wallet, etc.

HDFC Bank provides a number of products and services which includes Wholesale banking, Retail banking, Treasury, Auto (car) Loans, Two Wheeler Loans, Personal loans, Loan Against Property and Credit Cards.

The latest entry in the league is 'Project AI', under which HDFC Bank, over the next few weeks, would deploy robots at select bank branches. These robots will offer options such as cash withdrawal or deposit, forex, fixed deposits and demat services displaying on the screen to persons coming into the branch.

Acquisitions

HDFC Bank merged with Times Bank in February 2000. This was the first merger of two private banks in the New Generation Private Sector Banks category. In 2008, Centurion Bank was acquired by HDFC Bank. HDFC Bank Board approved the acquisition of CBoP for 95.1 billion INR in one of the largest mergers in the financial sector in India.

Listings and shareholding

The equity shares of HDFC Bank are listed on Bombay Stock Exchange and the National Stock Exchange of India. Its American Depository Shares are listed on NYSE and the Global depository receipt are listed on the Luxembourg Stock Exchange where two GDRs represent one equity share of HDFC Bank..

CSR activities

HDFC Bank has taken several steps as a part of their Corporate Social Responsibility. It has collaborated with several NGOs to assist in its activities.

Awards and recognition

  • Best Banking Performer, India in 2016 by Global Brands Magazine Award.
  • References

    HDFC Bank Wikipedia


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