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HDFC Bank
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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...
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- 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
Related Other Pages:
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
Market capitalisation of PSU banks rises by up to 91% in Q3
October 05, 2023 9:37 pm
S&P said India's banks, especially the state-owned lenders, have improved their key performance metrics in recent quarters, preparing them better for a challenging global environment.
Sensex slumps 570 pts, Nifty down to 19,742; bank, auto stocks slip
September 21, 2023 3:48 pm
Domestic equities plunged on Thursday after the US Federal Reserve decided to keep the policy rate unchanged but stuck with forecasts for one more rate hike this year.
HDFC Bank shares fall over 3% down as lender flags hit to key ratios post merger
September 20, 2023 11:11 am
HDFC Bank shares are down 3% so far this year, underperforming 6% gains in the bank index and 11% gains in the Nifty index.
Nifty crosses 20,0000-mark for first time; Sensex surges 528 points
September 12, 2023 12:08 am
The broader Nifty closed at 19,996.35, up 0.89 per cent, after touching 20,008.15 during the intraday trades. Nifty covered the 1,000-point journey from 19,000 to 20,000 in 52 trading sessions.
Choosing to be non-executive chairman of HDFC was my biggest challenge: Deepak Parekh
September 07, 2023 10:02 pm
"No age or time is bad enough to start a business or venture. All you need is a good idea and clarity of thought and perseverance to succeed," Deepak Parekh said.
Markets log fourth day of rally on buying in HDFC Bank
September 06, 2023 5:07 pm
The Nifty advanced 36.15 points or 0.18 per cent to end at 19,611.05.
HDFC Group launches life insurance, asset management services from GIFT IFSC
August 17, 2023 4:01 pm
HDFC International Life and Re has been set up by HDFC Life, while HDFC AMC International (IFSC) Ltd has been established by HDFC Asset Management Company to offer services to NRIs and the global Indian diaspora.
Stock markets fall for 2nd day on selling in IT banking shares
July 28, 2023 4:48 pm
The NSE Nifty declined 13.85 points or 0.07 per cent to finish at 19,646.05.
India's private lenders grab brisk business at the cost of soaring attrition
July 27, 2023 11:53 am
HDFC Bank, India's largest private lender, saw its employee turnover rate over the last year rise to 34%, while Axis Bank was at nearly 35%. Kotak Mahindra Bank's attrition surged to about 50%, with smaller peer Yes Bank in toe at 43%.
Merger to enable HDFC Bank to take big exposure in infra projects: CEO
July 20, 2023 1:27 am
“We plan to add another 675 this year in SURU locations that will take the total number of branches in these locations to over 5,000. Overall, the Bank plans to add 1,500 to 2,000 additional branches during the year,” he said.
