HDFC BANK PROFILE

The HDFC Bank was incorporated on August 1994 by the name of 'HDFC Bank
Limited', with its registered office in Mumbai, India. HDFC Bank commenced operations
as a Scheduled Commercial Bank in January 1995. The Housing Development Finance
Corporation (HDFC) was amongst the first to receive an 'in principle' approval from the
Reserve Bank of India (RBI) to set up a bank in the private sector, as part of the RBI's
liberalization of the Indian Banking Industry in 1994.

HDFC Bank is headquartered in Mumbai. The Bank at present has an enviable network
of over 1416 branches spread over 550 cities across India. All branches are linked on
an online real–time basis. Customers in over 500 locations are also serviced through
Telephone Banking. The Bank also has a network of about over 3382 networked ATMs
across these cities.

The promoter of the company HDFC was incepted in 1977 is India's premier housing
finance company and enjoys an impeccable track record in India as well as in
international markets. HDFC has developed significant expertise in retail mortgage
loans to different market segments and also has a large corporate client base for its
housing related credit facilities. With its experience in the financial markets, a strong
market reputation, large shareholder base and unique consumer franchise, HDFC was
ideally positioned to promote a bank in the Indian environment.

The shares are listed on the Bombay Stock Exchange Limited and The National Stock
Exchange of India Limited. The Bank's American Depository Shares ( ADS ) are listed
on the New York Stock Exchange (NYSE) under the symbol 'HDB' and the Bank's
Global Depository Receipts (GDRs) are listed on Luxembourg Stock Exchange.

On May 23, 2008, the amalgamation of Centurion Bank of Punjab with HDFC Bank was
formally approved by Reserve Bank of India to complete the statutory and regulatory
approval process. As per the scheme of amalgamation, shareholders of CBoP received
1 share of HDFC Bank for every 29 shares of CBoP.

The merged entity now holds a strong deposit base of around Rs. 1,22,000 crore and
net advances of around Rs. 89,000 crore. The balance sheet size of the combined
entity would be over Rs. 1,63,000 crore. The amalgamation added significant value to
HDFC Bank in terms of increased branch network, geographic reach, and customer
base, and a bigger pool of skilled manpower.

In a milestone transaction in the Indian banking industry, Times Bank Limited (another
new private sector bank promoted by Bennett, Coleman & Co. / Times Group) was
merged with HDFC Bank Ltd., effective February 26, 2000. This was the first merger of
two private banks in the New Generation Private Sector Banks. As per the scheme of
amalgamation approved by the shareholders of both banks and the Reserve Bank of
India, shareholders of Times Bank received 1 share of HDFC Bank for every 5.75
shares of Times Bank.

HDFC Bank offers a wide range of commercial and transactional banking services and
treasury products to wholesale and retail customers. The bank has three key business
segments:

Wholesale Banking Services – The Bank's target market ranges from large, blue–chip
manufacturing companies in the Indian corporate to small & mid–sized corporates and
agri–based businesses.

Retail Banking Services – The objective of the Retail Bank is to provide its target market
customers a full range of financial products and banking services, giving the customer a
one–stop window for all his/her banking requirements.

Treasury – Within this business, the bank has three main product areas – Foreign
Exchange and Derivatives, Local Currency Money Market & Debt Securities, and
Equities. The Treasury business is responsible for managing the returns and market risk
on this investment portfolio

HDFC Securities (HSL) and HDB Financial Services (HDBFSL) are its subsidiaries.

Services offered by the company:

Personal Banking
 Accounts & Deposits
 Loans
 Cards
 Forex
 Investments & Insurance
NRI Banking
 Accounts & Deposits 
 Remittances 
Investments & Insurance Loans  Payment Services 
Wholesale Banking
Corporate 
 Small & Medium Enterprises 
 Financial Institutions & Trusts 
 Government Sector
Achievements/ recognition:–
HDFC Bank was the first bank in India to launch an International Debit Card in
association with VISA (VISA Electron) and issues the Mastercard Maestro debit card as
well.

2013
– Best Internet Bank – Winner
– Best Customer Management Initiative – Winner
– Best use of Mobility Technology in Banking
 – Best Private Sector Bank Retail
– Overall Best Private Sector Bank
– Safest Bank: Large
– Mr. Aditya Puri: Top Achiever
 
2011
 Financial Express Best Bank Survey 2010–11 – Best in Strength and Soundness
and 2nd Best in the Private Sector
 CNBC TV18's Best Bank & Financial Institution Awards – Best Bank and Mr.
Aditya Puri, for outstanding finance professional
 Dun & Bradstreet Banking Awards 2011 – Best private sector bank – SME
Financing
 ISACA 2011 award for IT Governance – Best practices in IT Governance and IT
Security
 IBA Productivity Excellence Awards 2011 – New Channel Adopter (Private
Sector)
 DSCI (Data Security Council of India) Excellence Awards 2011 – Security in bank
 FINANCE ASIA Country Awards 2011: India – Best bank, best cash
management bank and best trade finance bank
 Asian Banker – Strongest bank in Asia Pacific
 Bloomberg UTV's Financial Leadership Awards 2011 – Best bank
 IBA Banking Technology Awards 2010 – Technology bank of the year, best
online bank, best customer initiative, best use of business intelligence, best risk
management system and runners up – best financial inclusion
 IDC FIIA Awards 2011 – Excellence in customer experience
2010
 Outlook Money 2010 Awards – Best Bank
 Businessworld Best Bank Awards 2010 – Best Bank (Large)
 Teacher's Achievement Awards 2010 (Business) – Mr. Aditya Puri
 The Banker and PWM 2010 Global Private Banking Awards – Best Private Bank
in India
 Economic Times Awards for Corporate Excellence 2010 – Business Leader of
the Year – Mr. Aditya Puri
 Forbes Asia – Fab 50 Companies – 5th year in a row
 NDTV Business Leadership Awards 2010 – Best private sector bank
 The Banker Magazine –  World's Top 1,000 Banks
 MIS Asia IT Excellence Award 2010 – BEST BOTTOM–LINE I.T. Category
 Dun & Bradstreet Banking Awards 2010 – Overall best bank, Best private sector
bank, Best private sector bank in SME Financing
 Institutional Investor Magazine Poll – HDFC Bank MD, Mr. Aditya Puri among
‘Asian Captains of Finance 2010’
  IDRBT Technology 2009 Awards – IT Infrastructure, Use of IT within the Bank
and Runners–up – IT Governance (Large Banks)
 ACI Excellence Awards 2010 – Highly Commended – Asia Pacific HDFC Bank
 FE–EVI Green Business Leadership Award – Best performer in the banking
category
 Celent's 2010 Banking Innovation Award – Model bank Award
 Avaya Global Connect 2010 – Customer Responsiveness Award – Banking &
Financial Services category
 Forbes Top 2000 Companies – HDFC Bank at 632nd position and among 130
global high performers
 Financial Express – Ernst & Young Survey 2009–10 – Best new private sector
bank, Best in growth and Best in strength
 Asian Banker Excellence Awards 2010 – Best retail bank in India, Excellence in
automobile lending, Best M&A integration and technology implementation
 The Asset Triple A Awards – Best cash management bank in India
 Euromoney Private Banking and Wealth Management Poll 2010 – Best local
bank in India (second year in a row), Best private banking services overall
(moved up from No. 2 last year)
 Financial Insights Innovation Awards 2010 – Innovation in branch operations –
server consolidation project
 Global Finance Award – Best trade finance provider in India for 2010
 2 Banking Technology Awards 2009 – Best risk management initiative and Best
use of business intelligence
 SPJIMR Marketing Impact Awards (SMIA) 2010
 Business Today Best Employer Survey – Listed in top 10 best employers in the
country
2009
 Business Standard Best Banker Award – Mr. Aditya Puri, MD, HDFC Bank
 Fe Best Bank Awards 2009 – Best Innovator of the year award for  its MD Mr.
Aditya Puri – Second Best Private Bank in India – Best in Strength and
Soundness Award
 Euromoney Awards 2009 –  'Best Bank in India'
 Economic Times Brand Equity & Nielsen Research annual survey 2009 –  Most
Trusted Brand – Runner Up
 Asia Money 2009 Awards  –  'Best Domestic Bank in India'
 IBA Banking Technology Awards 2009 – 'Best IT Governance Award – Runner
up'
 Global Finance Award  – 'Best Trade Finance Bank in India for 2009
 IDRBT Banking Technology Excellence Award 2008 – 'Best IT Governance and
Value Delivery'
 Asian Banker Excellence in Retail Financial Services –  'Asian Banker Best Retail
Bank in India Award 2009 ' 
2008
 Finance Asia Country Awards for Achievement 2008 –  'Best Bank and Best
Cash Management Bank'
  CNN–IBN – 'Indian of the Year (Business)'
 Nasscom IT User Award 2008 –  'Best IT Adoption in the Banking Sector'
 Business India  – 'Best Bank 2008'
 Forbes Asia  – Fab 50 companies in Asia Pacific
 Asian Banker Excellence in Retail Financial Services –  Best Retail Bank 2008
 Asiamoney  – Best local Cash Management Bank Award voted by Corporates
 Microsoft & Indian Express Group  –  Security Strategist Award 2008
 World Trade Center Award of honour  – For outstanding contribution to
international trade services.
 Business Today–Monitor Group survey – One of India's 'Most Innovative
Companies'
 Financial Express–Ernst & Young Award – Best Bank Award in the Private
Sector category
 Global HR Excellence Awards – Asia Pacific HRM Congress: –  'Employer Brand
of the Year 2007 –2008' Award – First Runner up, & many more
 Business Today – 'Best Bank' Award 
2007
 Dun & Bradstreet – American Express Corporate Best Bank Award 2007  –
'Corporate Best Bank' Award
 The Bombay Stock Exchange and Nasscom Foundation's Business for Social
Responsibility Awards 2007 – 'Best Corporate Social Responsibility Practice'
Award 
 Outlook Money & NDTV Profit –  Best Bank Award in the Private sector category.
 The Asian Banker Excellence in Retail Financial Services Awards  – Best Retail
Bank in India
 Asian Banker –  Its Managing Director Aditya Puri wins the Leadership
Achievement Award for India  

HDFC BANK BOARD OF DIRECTOR

HDFC Bank's Board of Directors is comprised of distinguished individuals with a wealth

of experience in public policy, administration, industry and commercial banking. Senior
executives representing HDFC Ltd. are also on the Board.

Various businesses and functions in the bank are headed by senior executives with
work experience in India and abroad. They report to the Managing Director. The Bank is
focussed on recruiting and retaining the best talent in the bank as it believes that its
people are a competitive strength.

Directors HDFC BANK

Mr. Malay Patel

Mr. Sashidhar Jagdishan

Mr. Kaizad Bharucha

Mr. Umesh Chandra Sarangi

Mr. Srikanth Nadhamuni

Mr. Sanjiv Sachar

Mr. Sandeep Parekh

Mr. MD Ranganath

Dr. (Ms.) Sunita Maheshwari*

HDFC Bank's Financial Summary

 Balance Sheet
 Profit & Loss
 Cash Flow
 Ratios
 Quarterly
 Half-Yearly
 Yearly
Parameter MAR'19 MAR'18 YoY
(₹ Cr.) (₹ Cr.) %Change

SOURCES OF FUNDS

Share Capital 544.66 519.02 4.94%

Share warrants & Outstandings 0.00 0.00 0.00%

Total Reserve 1,48,661.69 1,05,775.98 40.54%

Shareholder's Funds 1,49,206.35 1,06,295.00 40.37%

Deposits 9,23,140.93 7,88,770.64 17.04%

Borrowings 1,17,085.12 1,23,104.97 -4.89%

Other Liabilities & Provisions 55,108.29 45,763.72 20.42%

TOTAL LIABILITIES 12,44,540.69 10,63,934.32 16.98%

APPLICATION OF FUNDS:

-
Cash and balance with Reserve Bank of India 46,763.62 1,04,670.47 55.32%

Balances with banks and money at call and short

34,584.02 18,244.61 89.56%
notice

Investments 2,90,587.88 2,42,200.24 19.98%

Advances 8,19,401.22 6,58,333.09 24.47%

Gross Block 12,345.97 10,932.58 12.93%

Less : Accumulated Depreciation 8,271.72 7,281.13 13.60%

Less : Impairment of Assets 0.00 0.00 0.00%

Net Block 4,074.25 3,651.45 11.58%

Lease Adjustment -44.25 -44.25 0.00%

Capital Work in Progress 0.00 0.00 0.00%

Other Assets 49,173.95 36,878.70 33.34%

TOTAL ASSETS 12,44,540.69 10,63,934.32 16.98%

Contingent Liability 10,24,715.12 8,75,488.23 17.04%

Bills for collection 49,952.80 42,753.83 16.84%

View last 5 years Financial Summary