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HDFC Bank

HDFC Bank: A Colossus in Indian Finance HDFC Bank Limited, headquartered in Mumbai, reigns as India's largest private sector bank by both assets and market capitalization. Its immense size and systemic importance have earned it recognition from the Reserve Bank of India (RBI) as a Domestic Systemica...

HDFC Bank Overview

HDFC Bank Image Source : Wikipedia
  • Company type Public
  • Industry Banking, Financial services
  • Founded August 1994 (30 years ago) (August 1994)
  • Headquarters Mumbai, Maharashtra, India
  • Area served India
  • Key people Atanu Chakraborty, (chairman), Sashidhar Jagdishan, (CEO)
  • Services Consumer banking, Commercial banking, Insurance, Credit cards, Investment banking, Mortgage loans, Private banking, Private equity, Investment management, Asset management, Wealth management, Stockbroking
  • Revenue ₹4.08 lakh crore (US$48 billion) (2024)
  • Net income ₹64,062 crore (US$7.5 billion) (2024)
  • Number of employees 213,527 (31 March 2024)
  • Subsidiaries HDFC Life, HDFC ERGO, HDFC Securities, HDFC AMC (HDFC Mutual Fund), HDB Financial Services, HDFC Capital Advisors
  • Website www.hdfcbank.com

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HDFC Bank history

Last Updated : 07/04/25, 01:58 PM
HDFC Bank: A Trajectory of Growth and Consolidation HDFC Bank, incorporated in 1994 as a subsidiary of HDFC Ltd, commenced operations in January 1995. Its journey reflects the liberalization of the Indian banking sector, marked by its early success and strategic acquisitions. The merger with Times B...

HDFC BANK NEWS

Equity markets rise in early trade amid buying in HDFC Bank, SBI

November 28, 2024 11:00 am

Tech Mahindra, Infosys, HCL Technologies, Mahindra & Mahindra, Tata Consultancy Services and Power Grid were among the laggards.

HDFC Bank arm to come out with Rs 12,500 crore IPO

October 21, 2024 8:06 am

HDFC Bank will offload about Rs 10,000 crore worth stake in the proposed IPO.

Top 10 largest companies in India 2024: Check where does Reliance rank globally

October 14, 2024 12:59 pm

Top 10 largest companies in India 2024: India currently boasts 71 companies on Forbes' Global 2000, up from 55 the previous year, ranking among the top five most represented countries.

Top 10 most valuable Indian brands in 2024—TCS, HDFC or Airtel, who leads the list?

September 20, 2024 3:15 pm

Top 10 Most Valuable Indian Brands 2024: Tata Consultancy Services (TCS) has maintained its position as India's most valuable brand for the third consecutive year, with a brand value of $49,657 million dollars, with HDFC Bank, Airtel, and others featuring on the list.

RBI slaps Rs 2.91 crore penalty on Axis Bank, HDFC Bank for not complying with directives

September 10, 2024 7:12 pm

A penalty of Rs 1 crore has been imposed on HDFC Bank for non-compliance with certain directions on 'interest rate on deposits', 'recovery agents engaged by banks' and 'customer service in banks', the press release said.

Sensex, Nifty decline in early trade; HDFC Bank drags

August 13, 2024 10:10 am

The 30-share BSE Sensex declined 134.27 points to 79,514.65 in early trade. The NSE Nifty dipped 38.65 points to 24,308.35.

Merger has strengthened HDFC Bank’s pathways for future growth: Chairman Atanu Chakraborty

August 10, 2024 12:14 am

HDFC director Atanu Chakraborty praised the recently announced Union Budget and said that it has laid the pathway for the country’s future growth.

HDFC Bank’s Q1 net up 35%, interest income surges 26%

July 20, 2024 11:55 pm

Net interest income (NII), which is interest earned less interest expended, grew by 26.4 per cent to Rs 29,840 crore in Q1 FY2025, as against Rs 23,600 crore in the same quarter of last fiscal.

HDFC Bank to grow advances a little slower than deposits

July 19, 2024 2:24 am

Prior to the merger with HDFC Ltd, the bank’s CD ratio was around 85 per cent. Post the merger, the CD ratio stood at 105 per cent (as on March 31, 2024).

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