HDFC Bank

Key Information about HDFC Bank:

• Ownership and Management: HDFC Bank is a publicly traded company listed on Indian stock exchanges. Housing Development Finance Corporation Limited (HDFC) is the bank’s largest shareholder. Aditya Puri served as the Managing Director of HDFC Bank for several years, and Sashidhar Jagdishan succeeded him as CEO in October 2020. The Reserve Bank of India has approved the re-appointment of Sashidhar Jagdishan as HDFC Bank MD & CEO for  three more years and he will remain at the post till October, 2026.


• Merger with HDFC: On July 1, 2023,HDFC Bank, one of the country’s largest pPrivate sector bank and HDFC- the No 1 home loans company merged to join the ranks of the world’s leading financial institutions. ​​​​


• Services Offered:HDFC Bank provides various banking services, including savings and current accounts, fixed deposits, loans (personal, home, car, business, etc.), credit cards, investment and wealth management services, insurance products, and more.


• Network:HDFC Bank has a vast network of branches and ATMs across India, making it easily accessible to customers. It also has a significant online and mobile banking presence, allowing customers to perform transactions and manage their accounts conveniently.


• International Presence:HDFC Bank has a presence in several countries through its international branches, subsidiaries, and representative offices. It offers services to NRIs (Non-Resident Indians) and has correspondent banking relationships globally.


• Awards and Recognitions:HDFC Bank has received numerous awards and recognitions for its performance, customer service, and innovation in the banking industry. It is often recognized as one of the best banks in India.


• Technology and Innovation:HDFC Bank is known for its focus on technology and innovation. It has introduced various digital banking solutions, mobile apps, and online services to enhance customer experience and convenience.


• Corporate Social Responsibility (CSR):HDFC Bank is actively involved in corporate social responsibility activities, supporting education, healthcare, environmental sustainability, and rural development initiatives.


• Financial Performance:HDFC Bank has shown consistent and robust financial performance over the years, making it one of the most valuable banks in India in terms of market capitalization.


• Customer Base:HDFC Bank serves a diverse customer base, including individuals, small and medium-sized enterprises (SMEs), large corporates, and government entities.

HDFC Bank’s reputation is built on its customer-centric approach, financial stability, and innovative banking solutions. It is considered one of the pillars of India’s banking industry and is trusted by millions of customers for their banking and financial needs.