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HDFC Bank
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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...
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- 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
Rs 2 crore loan plea rejected 'without reason', man wins Rs 47,000 compensation from bank
August 06, 2026 4:53 pm
A consumer body in Himachal Pradesh directed HDFC Bank to pay the amount after holding that it acted arbitrarily in rejecting a businessman's Rs 1.99 crore loan application.
Learning the right lessons at the bank
July 29, 2026 12:55 am
Trust is central to the banking system. It needs to be nurtured
HDFC Bank board warns MD, CFO; imposes Rs 1 lakh penalty in MSRDC deposit case
July 28, 2026 11:04 am
The action follows conclusion of an internal review process related to the bank's arrangement with the Maharashtra State Road Development Corporation (MSRDC) for garnering deposits in 2017 and 2021
HDFC Bank ordered to pay Rs 2.2 lakh to cyber fraud victim
July 26, 2026 11:57 am
The commission found the bank deficient in service for not releasing the money despite the complainant reporting the fraud, completing the required formalities, and repeatedly approaching the bank. The order was pronounced on June 9.
HDFC Bank under US law firms’ scanner over alleged payments; shares fell 3% after May report
July 23, 2026 7:59 pm
The probe follows allegations that the bank disguised Rs 45 crore in interest payments to Maharashtra State Road Development Corporation as marketing expenses during FY24 and FY25
RBI nod to HDFC Part-Time Chairman appointment
July 16, 2026 6:01 am
Kumar, 66, is a 1984-batch IAS officer, who served as Finance Secretary to the Government of India before being appointed Chief Election Commissioner in 2022. He retired from the Election Commission in February 2025.
Mistry defends HDFC’s governance standards after part-time chair Atanu Chakraborty’s exit
July 12, 2026 4:48 am
After Chakraborty’s exit, the bank acted swiftly to announce the appointment of an interim Part-time Chairman on March 18 with the approval of the Reserve Bank of India, he said.
HDFC Bank appoints former CEC Rajiv Kumar as chairman
June 30, 2026 5:50 am
The appointment comes more than three months after former part-time chairman Atanu Chakraborty resigned on March 18.
Board ‘ignored’ queries on legal review after resignation, says HDFC Bank ex-chair Atanu Chakraborty
June 28, 2026 5:10 am
On March 18, Chakraborty resigned as chairman of the bank with immediate effect, saying that “certain happenings and practices within the bank are not in congruence with my personal values and ethics”.
HDFC Bank gets ‘clean chit’ as law firms report rejects ex-Chairman’s statements
June 27, 2026 7:14 am
Chakraborty resigned in March saying “certain happenings and practices within the bank are not in congruence with my personal values and ethics”
