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HDFC Bank

HDFC Bank: A Colossus in Indian Finance HDFC Bank Limited, headquartered in Mumbai, reigns as India's largest private sector bank by both assets and market capitalization. Its immense size and systemic importance have earned it recognition from the Reserve Bank of India (RBI) as a Domestic Systemica...

HDFC Bank Overview

HDFC Bank Image Source : Wikipedia
  • Company type Public
  • Industry Banking, Financial services
  • Founded August 1994 (30 years ago) (August 1994)
  • Headquarters Mumbai, Maharashtra, India
  • Area served India
  • Key people Atanu Chakraborty, (chairman), Sashidhar Jagdishan, (CEO)
  • Services Consumer banking, Commercial banking, Insurance, Credit cards, Investment banking, Mortgage loans, Private banking, Private equity, Investment management, Asset management, Wealth management, Stockbroking
  • Revenue ₹4.08 lakh crore (US$48 billion) (2024)
  • Net income ₹64,062 crore (US$7.5 billion) (2024)
  • Number of employees 213,527 (31 March 2024)
  • Subsidiaries HDFC Life, HDFC ERGO, HDFC Securities, HDFC AMC (HDFC Mutual Fund), HDB Financial Services, HDFC Capital Advisors
  • Website www.hdfcbank.com

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HDFC Bank history

Last Updated : 07/04/25, 01:58 PM
HDFC Bank: A Trajectory of Growth and Consolidation HDFC Bank, incorporated in 1994 as a subsidiary of HDFC Ltd, commenced operations in January 1995. Its journey reflects the liberalization of the Indian banking sector, marked by its early success and strategic acquisitions. The merger with Times B...

HDFC BANK NEWS

Dubai regulator bars HDFC Bank’s DIFC branch from taking new clients

September 27, 2025 10:43 pm

The DFSA is the independent regulator of financial services conducted in or from the DIFC, a purpose-built financial free zone in Dubai, UAE.

HDFC Bank Q1 results: Net profit rises over 12%; board clears 1:1 bonus issue, special dividend

July 19, 2025 7:16 pm

The bank posted a 12.24 per cent rise in net profit at Rs 18,155.21 crore for the quarter ended June 2025 as against Rs 16,174.75 crore in the same period a year ago.

Probe in bribery FIR against HDFC Bank CEO transferred to EOW: Mumbai Police to HC

July 15, 2025 10:50 am

According to the complaint, after assuming office, Prashant Mehta found a diary showing that between March and June 2022, sums adding up to Rs 2.05 crore were transferred to Jagdishan on the directions of Chetan Mehta, who was a trustee at the time.

HDFC Bank deposits grow 2.5 times faster than loans: CEO Sashidhar Jagdishan

July 14, 2025 10:33 pm

In a message to shareholders ahead of the bank’s Annual General Meeting, CEO Sashidhar Jagdishan highlighted that HDFC Bank’s deposit growth is significantly ahead of the industry average.

HDB Financial Services’ lists at 13% premium over IPO price

July 02, 2025 6:31 pm

The issue consists of a fresh issuance aggregating up to Rs 2,500 crore and an offer for sale of up to Rs 10,000 crore by the parent company HDFC Bank.

HDB Financial Services’ IPO fully subscribed on day 2

June 26, 2025 10:38 pm

The issue, which has a price band of Rs 700-740 per share, will close for subscription on June 27 (Friday).

Another HC judges recuses from hearing HDFC Bank CEO's plea against bribery charge

June 27, 2025 6:25 am

Cites possession of HDFC Bank shares, prior association with Lilavati Trust

Odisha curbs on HDFC, ICICI and Axis Bank: Pvt lenders under scanner for poor show in govt schemes

June 26, 2025 6:47 am

According to a letter issued by Saswata Mishra, Principal Secretary of the Finance Department, Odisha government, the decision was driven by the banks' "consistently poor performance" in key flagship schemes over the past two financial years, along with "generally unsatisfactory banking parameters".

HDB Financial Services IPO worth Rs 12,500 crore launched: Price band, key dates and subscription status

June 25, 2025 8:24 pm

After the IPO, HDFC Bank's stake in HDB Financial Services will be reduced to 75 per cent from the current 94 per cent. The issue will close on June 27.

Lilavati Trust files Rs 1,000-crore defamation suit against HDFC Bank, its CEO

June 21, 2025 5:24 am

The criminal complaint against CEO Jagdishan alleges that he made malicious and derogatory statements against the Trust and its permanent trustee

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