Hdfc india ltd
HDFC Bank Limited
Type Public
Traded as BSE: 500180
NSE: HDFCBANK
NYSE: HDB
BSE SENSEX Constituent
CNX Nifty Constituent
Industry Banking, financial services
Founded August 1994
Headquarters Mumbai, Maharashtra, India
Area served India
Key people Aditya Puri (MD)[1]
Products Credit cards, consumer banking, corporate
banking, finance and insurance, investment
banking, mortgage loans, private
banking, private equity, wealth
management[2]
Revenue ₹81,602 crore(US$12 billion) (2017)[3]
Operating ₹25,732 crore(US$3.9 billion) (2017)[3]
income
Net income ₹14,550 crore(US$2.2 billion) (2017)[3]
Total assets ₹863,840 crore(US$130 billion) (2017)[4]
Number of 84,325 (March 2017)[5]
employees
Website HDFCBank.com
HDFC (Housing Development Financial Corporation) Bank Limited is an Indian banking and
financial services company headquartered in Mumbai, Maharashtra. It has 84,325 employees[7] and
has a presence in Bahrain, Hong Kong and Dubai.[8] HDFC Bank is India’s largest private sector
lender by assets.[9] It is the largest bank in India by market capitalization as of February 2016.[10] It
was ranked 69th in 2016 BrandZ Top 100 Most Valuable Global Brands.[11]
Contents
[hide]
1History
2Products and services
3Acquisitions
4Listings and shareholding
5Awards and recognition
6See also
7References
8External links
History[edit]
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 were inaugurated by the then Union Finance
Minister, Manmohan Singh.
As of June 30, 2017, the bank's distribution network was at 4,715 branches and 12,260 ATMs
across 2,657 cities and towns. The bank also installed 4.30 Lacs POS terminals and issued 235.7
Lacs debit cards and 85.4 Lacs credit card in FY 2017.[4]
Products and services[edit]
HDFC Bank provides a number of products and services including wholesale banking, retail banking,
treasury, auto loans, two wheeler loans, personal loans, loans against property and credit cards.[12]
The latest entry in the league is 'Project AI',[13] 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 a screen to
customers.[14]
Acquisitions[edit]
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.[15] 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.[16]
Listings and shareholding[edit]
The equity shares of HDFC Bank are listed on the 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.
Shareholders (as of 31 December 2015) Shareholding[17]
Promoter group (HDFC) 21.57%
Foreign institutional investors (FII) 32.4%
Individual shareholders 8.5%
Bodies corporate 7.5%
Insurance companies 5.38%
Mutual funds/UTI 8.65%
NRI/OCB/others 0.29%
Financial institutions/banks 2.75%
ADS/GDRs 18.78%
[17]
Awards and recognition[edit]
Best Banking Performer, India in 2016 by Global Brands Magazine Award.[18]
Best Performing Branch in Microfinance among private Award for Best Performance in
sector banks by NABARD, 2016 Microfinance[19]
Bank of the year & best digital banking
KPMG study of India's Best Banks
initiative award 2016[20]
Business leader of the year- Aditya
AIMA Managing India Awards 2015
Puri[21]
Most Valued brand in India for third
BrandZ Rankings
successive year[22]
FinanceAsia poll on Asia's Best Companies 2015 Best managed public company - India[23]
Barron's World's 30 Best CEOs - Aditya Puri[24]
Best in class straight through
J. P. Morgan Quality Recognition Award
processing rates[25]
