|Traded as||BSE: 500180
BSE SENSEX Constituent
CNX Nifty Constituent
|Industry||Banking, Financial services|
|Headquarters||Mumbai, Maharashtra, India|
|Aditya Puri (MD)|
Finance and Insurance
|Revenue||₹74,373.22 crore (US$11 billion) (2016)|
|Profit||₹12,817.33 crore (US$1.9 billion) (2016)|
|Total assets||₹687,892 crore (US$100 billion) (2015)|
|Total equity||₹505.64 crore (US$75 million) |
Number of employees
|76,286 (March 2015)|
HDFC Bank is an Indian banking and financial services company headquartered in Mumbai, Maharashtra. It has about 76,286 employees including 12,680 women and has a presence in Bahrain, Hong Kong and Dubai. HDFC Bank is the second largest private bank in India as measured by assets. It is the largest bank in India by market capitalization as of February 2016. It was ranked 58th among India’s most trusted brands according to Brand Trust Report, 2015.
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 was inaugurated by the then Union Finance Minister, Dr. Manmohan Singh.
As of June 30, 2016, the Bank’s distribution network was at 4,541 branches and 12,013 ATMs.
HDFC Bank provides a number of products and services which includes-
- Wholesale banking services
- Retail banking services
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. In 2008, Centurion Bank was acquired by HDFC Bank. HDFC Bank Board approved the acquisition of CBoP for Rs. 9,510 crore in one of the largest mergers in the financial sector in India.
The equity shares of HDFC Bank are listed on 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|
|Promoter Group (HDFC)||21.57%|
|Foreign Institutional Investors (FII)||32.40%|
HDFC Bank has taken several steps as a part of their Corporate Social Responsibility. It has collaborated with several NGOs to assist in its activities.
|Sustainable Livelihood||Provide empowerment to the rural section of the country, especially women.||Conducts training for occupational skills, credit counselling, capacity building program, sustainable livelihood initiative|
|Financial Literacy||Financial literacy in 600 schools across Andhra Pradesh and Odisha.||Rural financial literacy programs under the aegis of RBI.|
|Education||Aim to making every child literate with quality education.||Friends Union for Energising Lives (FUEL), cover 100 children under Jayaprakash Narayan Memorial Trust’s Vidya and Child Programme.|
|Training||Aimed at formal training and development of youth||ETASHA, support SGBS Trust, tied up with Hope Foundation|
|Community Initiatives||Focused on sustainable development with economic growth||Partnered with Watershed Organisation Trust (WOTR), promote rain water harvesting, blood donation campaigns|
Awards and recognition
|Best Performing Branch in Microfinance among Private sector bank by NABARD, 2016||Award for Best Performance in Microfinance|
|KPMG study of India’s Best Banks||Bank of the year & best digital banking initiative award 2016|
|AIMA Managing India Awards 2015||Business leader of the year- Aditya Puri|
|FinanceAsia poll on Asia's Best Companies 2015||Best managed public company - India|
|Barron's||World's 30 Best CEOs - Aditya Puri|
|J. P. Morgan Quality Recognition Award||Best in class straight through processing rates|
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