HDFC Bank Ltd. is an Indian financial services company based in Mumbai that was incorporated in 1994 and promoted by Housing Development Finance Corporation. It was among the first private sector banks in India approved by the Reserve Bank of India. HDFC Bank has over 1,725 branches and 4,393 ATMs across India. Its mission is to be a world-class Indian bank focused on product quality and service excellence.
HDFC Bank Ltd. is an Indian financial services company based in Mumbai that was incorporated in 1994 and promoted by Housing Development Finance Corporation. It was among the first private sector banks in India approved by the Reserve Bank of India. HDFC Bank has over 1,725 branches and 4,393 ATMs across India. Its mission is to be a world-class Indian bank focused on product quality and service excellence.
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HDFC Bank Ltd. is an Indian financial services company based in Mumbai that was incorporated in 1994 and promoted by Housing Development Finance Corporation. It was among the first private sector banks in India approved by the Reserve Bank of India. HDFC Bank has over 1,725 branches and 4,393 ATMs across India. Its mission is to be a world-class Indian bank focused on product quality and service excellence.
Copyright:
Attribution Non-Commercial (BY-NC)
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Download as PPTX, PDF, TXT or read online from Scribd
INTRODUCTION TO HDFC BANK BACKGROUND HDFC Bank Ltd. Indian financial services co. based in Mumbai, Incorporated in August 1994.
Promoted by the Housing Development Finance
Corporation(set up in 1977).
Among the first companies to receive an approval
from the RBI to set up a bank in the private sector.
The Bank Has 1,725 branches and over 4,393
ATMs, in 780 cities in India, PROMOTERS HDFC, one of India's premier housing finance institutions. Headed by Mr.Deepak parekh. 500,00,000 equity shares were allotted to
HDFC promoters. 509,20,000 shares were allotted to HDFC
Employees Welfare Trust.
Natwest Group had 20% of the banks issued
capital and provided technical assistance in
relation to the banks. Mission and Objective MISSION: To be a "World-class Indian Bank" with single-minded focus on product quality and service excellence. OBJECTIVE:
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. Milestones •The Bank is listed on the BSE & NSE with the approximate market capital of $18.3 Billion.
• One of the first Indian Bank to be listed on NYSE in 2001.
• Listed on the Luxembourg Stock Exchange in 2008.
•HDFC Bank Ltd is also among the Fab 50 companies in
Forbes list. Cont….
Fitch Ratings India Pvt. Ltd. has assigned the "AAA
(ind)" rating to HDFC Bank Ltd.
HDFC Bank Ltd was also awarded as the "Best
Domestic Bank" by Asia Money.
India's 10 "Most Admired Company" by Wall Street