About the Company
HDFC Bank is a prominent Indian financial institution, India’s largest private sector bank, offering a wide range of banking and financial services to both individuals and businesses. Founded in 1994 and incorporated in 1995, HDFC Bank has grown to become a leading player in the Indian financial sector.
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History and Ownership:
HDFC Bank was established by the Housing Development Finance Corporation (HDFC), a leading housing finance company in India. The bank merged with HDFC Ltd in 2023, combining its robust banking services with HDFC Ltd’s legacy in housing finance.
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Mission:
HDFC Bank’s mission is to be a “World-class Indian Bank”.
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Business Philosophy:
The bank’s operations are guided by five core values: operational excellence, customer focus, product leadership, people, and sustainability.
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Products and Services:
HDFC Bank provides a diverse array of financial products and services, including loans (personal, home, auto, etc.), payments, wealth management, and investment banking services. They also offer business solutions for various types of companies, from MSMEs to large corporations.
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Financial Performance:
HDFC Bank is one of the top three banks in India, and its market capitalization ranks it among the third-largest companies on the Indian stock exchanges.
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Network:
HDFC Bank has a vast network of branches and ATMs across India, with 8,919 branches and 21,031 ATMs as of August 2024.
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Global Presence:
While primarily an Indian bank, HDFC Bank also has branches in other countries, including Bahrain, Hong Kong, UAE, and Kenya.
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Leadership:The bank’s leadership team includes a distinguished Board and a Managing Director and CEO with extensive banking experience
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