
HDFC Bank Ltd
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HDFCBANK
Past performance
About HDFC Bank Ltd HDFC Bank Limited, based in Mumbai, is a prominent new-generation private sector bank in India, offering comprehensive banking and financial services, including retail and wholesale banking and treasury operations. Established in 1994, it quickly expanded its network and services, launching key products like NetBanking and credit cards, and pioneering innovations such as loans at ATMs. The bank operates internationally with overseas branches and representative offices in Bahrain, Hong Kong, UAE, and Kenya. It also has two subsidiaries: HDFC Securities Limited and HDB Financial Services Limited.
Listed on major exchanges including the Bombay Stock Exchange, National Stock Exchange of India, and New York Stock Exchange, HDFC Bank has shown robust growth, expanding its network to 7,821 branches and 19,727 ATMs by March 2023. It has a significant presence in semi-urban and rural areas, comprising over half of its outlets. Recent strategic moves include the merger with HDFC Limited, enhancing its service offerings and customer base. The bank continues to innovate with digital solutions like SmartHub Vyapar and PayZapp 2.0, maintaining its position as a leading financial entity in India.
Performance overview
