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  • HDFC

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    HDFC Bank is the third largest bank in India by market capitalization, headquartered in Mumbai. It began operations in 1994 and provides a wide range of banking services through over 4,700 branches across India as well as locations in other countries. The bank's main business segments are retail banking, wholesale banking, and treasury. It aims to be a world-class Indian bank and to maintain high ethical standards while achieving profitable growth. In 2017, HDFC Bank received several awards recognizing its success and brand strength.

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    HDFC Bank is the third largest bank in India by market capitalization, headquartered in Mumbai. It began operations in 1994 and provides a wide range of banking services through over 4,700 branches across India as well as locations in other countries. The bank's main business segments are retail banking, wholesale banking, and treasury. It aims to be a world-class Indian bank and to maintain high ethical standards while achieving profitable growth. In 2017, HDFC Bank received several awards recognizing its success and brand strength.

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    307 views1 page

    HDFC

    Uploaded by

    Arun Soman
    HDFC Bank is the third largest bank in India by market capitalization, headquartered in Mumbai. It began operations in 1994 and provides a wide range of banking services through over 4,700 branches across India as well as locations in other countries. The bank's main business segments are retail banking, wholesale banking, and treasury. It aims to be a world-class Indian bank and to maintain high ethical standards while achieving profitable growth. In 2017, HDFC Bank received several awards recognizing its success and brand strength.

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    COMPANY PROFILE

    Housing Development Financing Corporation (HDFC) Bank is the third largest bank by market
    capitalisation. It is headquartered in Mumbai. The journey of HDFC Ltd started from August
    1994 with the banking licences issued. The founder of HDFC Ltd Hasmukh Thakordas Parekh
    was a great Indian financial entrepreneur, writer and Philanthropist. He was also awarded Padma
    Bhushan (1992). Currently, the CEO of HDFC Ltd is Aditya Puri who is considered to be one of
    the highest paid banking chiefs in India.

    HDFC Ltd provides wide range of banking services covers commercial and investment banking
    on the wholesale and transactional/branch banking on the retail side. As per the data on 30
    September 2017 HDFC Ltd has 4729 branches and 12259 ATM’s across 2669 cities and towns.
    It has one overseas wholesale banking branch in Bahrain, a branch in Hong Kong and two
    representative offices in UAE and Kenya. The bank has two subsidiaries HDFC Securities Ltd
    and HDB Financial Services Ltd. The main core or primary segments of HDFC Ltd are Banking,
    Wholesale banking and Treasury.

    Retail banking segment serves retail customer through branch network and other delivery
    channels. Through Retail segment, Bank raises a deposit from the customer and makes loans and
    provides other services with the help of specialist product groups to such customer. Wholesale
    Banking segment provides loans non-fund facilities and transaction services to cooperate public
    sector unit’s government bodies financial institution and medium-scale enterprises. Treasury
    segment includes net interest earnings on investments portfolio of the bank.

    The shares of HDFC Ltd are listed on BSE Ltd, NSE of India Ltd. The Banks American
    Depository Shares (ADS) are listed on the New York Stock Exchange (NYSE) and the Global
    Depository Receipts (GDR) is listed on Luxembourg Stock Exchange.

    The Mission of HDFC Ltd: To be a World Class Indian Bank.

    The Objective of Bank: To build sound customer franchises across distinct businesses so as to be
    the preferred provider of banking services for target retail and wholesale customer segments, and
    to achieve healthy growth in profitability, consistent with the bank's risk appetite. The bank is
    committed to maintaining the highest level of ethical standards, professional integrity, corporate
    governance and regulatory compliance. HDFC Bank’s business philosophy is based on five core
    values: Operational Excellence, Customer Focus, Product Leadership, People and Sustainability.

    Some of the awards received by the HDFC Ltd during the year 2017 are

     Business India 19th Best Bank survey


     Forbes Asia's 13th Fab 50 Companies List
     Forbes' List of 5 Companies That have shaped Asia and The World
     BrandZ Top 50 Most Valuable Indian Brand

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