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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

Top 10 largest banks in the world by market cap in 2024: Check which Indian Bank made it to the list

October 15, 2024 3:19 pm

As dominant financial institutions, explore the top 10 multinational banks in 2024 by market cap, serving as the backbone of the international financial system, facilitating trade, providing business loans, and offering a wide range of financial services to millions of customers worldwide. 

HDFC Bank posts Rs 16,511 crore Q4 profit, declares Rs 19.5 per equity dividend

April 21, 2024 12:43 am

The bank, which is among the first lenders to announce the numbers for the quarter, reported that the core net interest income grew to Rs 29,080 crore for the reporting quarter, while the other income grew to Rs 18,170 crore.

HDFC Bank becomes only private bank to have presence in Lakshadweep

April 10, 2024 5:23 pm

HDFC Bank’s distribution network includes 8,091 branches and 20,688 ATMs across India's 3,872 cities and towns, as of December 31, 2023.

HDFC Bank Fixed Deposit Rates: India's largest private lender to offer up to 7.75% interest

February 09, 2024 4:12 pm

HDFC Bank had earlier received RBI’s approval to acquire up to 9.5 per cent stake each in six lenders – Axis Bank, Suryoday Small Finance Bank, ICICI Bank, Bandhan Bank, Yes Bank, and IndusInd Bank – for a period of one year till February 4, 2025.

HDFC Bank gets RBI nod to acquire up to 9.5% stake in ICICI Bank, 5 others

February 06, 2024 1:08 pm

As per RBI directions, HDFC Bank will have to ensure that the aggregate holding in the 6 banks does not exceed 9.50 per cent of the paid up share capital or voting rights of the respective banks, at all times.

Market cap: HDFC Bank loses Rs 1 lakh crore, LIC overtakes SBI

January 18, 2024 5:45 am

Overall investor wealth falls Rs 4.53 lakh crore to Rs 370.4 lakh crore

HDFC Bank Q3 net profit up 33.5% to Rs 16,370 crore

January 17, 2024 2:10 pm

Core net interest margin was at 3.4 per cent on total assets, and 3.6 per cent based on interest earning assets.

Stock markets rally for 3rd day on firm trend in Asian equities, buying in HDFC Bank

December 28, 2023 7:01 pm

Power, utilities, banking, oil and gas and commodities shares attracted buying while IT and teck shares succumbed to selling.

Sensex climbs 260 pts, Nifty settles at 19,811; HDFC, Reliance and ITC lead gains

October 17, 2023 3:53 pm

HDFC Bank was among the top gainers today after the company's consolidated net profit jumped 50 per cent to Rs 16,811 crore for the September quarter, its first quarterly earnings announcement after merging parent HDFC with itself.

HDFC Bank Q2 net up 51% at Rs 15,976 cr in first quarterly result post merger

October 17, 2023 1:38 am

This is the first quarterly financial result of the bank post merger with HDFC Ltd, which came into effect on July 1.

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