Group Members

Name
Charmi Dharod
George Dsouza
Shraddha Gaur
Yash Gupta
Pratik Manjrekar
Dilkhush Parmar
Abhishek Tanna

Roll No.
6
8
10
11
21
30
39

BANKING IN INDIA

Banking in India originated in the last decades of the 18th century.

The first banks were THE GENERAL BANK OF INDIA, which
started in 1786, and BANK OF HINDUSTAN, both of which are
now defunct.
The oldest bank in existence in India is the STATE BANK OF
INDIA, which originated in the BANK OF CALCUTTA in June
1806.
The first fully Indian owned bank was the ALLAHABAD BANK,
established in 1865

Major players in India

State Bank of India

HDFC Bank
ICICI Bank
HSBC Bank
IDBI Bank
City Bank
Axis Bank
Punjab National Bank
ING Vysya Bank
Union Bank of India

introduction
HDFC Bank Limited is an Indian financial services company
based in Mumbai , Maharashtra that was incorporated in August
1994.
The first largest bank by Market Capitalization as of November
1, 2012.
As on May 2013, HDFC Bank has 3,062 branches and 10,743
ATMs, in 1,568 cities in India.
It was among the first companies to receive an 'in principle'
approval from the Reserve Bank of India (RBI) to set up a bank
in the private sector.

CONTINUE.

Times Bank Limited (owned by Bennett, Coleman & Co./The

Times Group) was merged with HDFC Bank Ltd., on February
26, 2000. This was the first merger of two private banks in India.
On May 23, 2008 HDFC Bank acquired Centurion Bank of
Punjab taking its total branches to more than 1,000.
HDFC Bank was the first bank in India to launch an International
Debit Card in association with VISA (Visa Electron) and issues
the Master Card Maestro debit card as well.

Vision & Mission

Vision
To be customer driven best managed enterprise that enjoys
market leadership in providing housing related finance.
Mission
To provide a package of attractive financial services for
housing purposes through a competent and motivated team of
employees using the state of the art technology to maintain
financial stability and growth of the organization whilst
contributing to the national goal of providing decent housing
to all.

Product & services

Travellers Cheques
Credit card
Home loan
Personal loan
Foreign Currency Cash
Foreign Currency Demand Drafts
Cheque Deposits
Remittances
Trade Services
Mutual funds
Insurance

CONTINUE.

Travellers Cheques : Travellers Cheques are a safe and easy

way to protect your money when you travel. You can encash
them only when you need to, and only against your signature,
unlike cash which can be stolen and misused by anybody,
immediately.
Credit Card : Credit Card can be used for all your requirements,
be it shopping, eating out, holidaying, fuelling up your vehicle,
railway ticket reservations - just about any financial requirement,
planned .
Home loan : Home loans for individual to purchase or construct
houses.
Personal Loans : The procedure of personal loan is simple,
documentation is minimal and approval is quick.

CONTINUE.

Foreign Currency Cash : Foreign Currency Cash is a convenient way

of meeting personal expenses along your journey, paying for taxis /
internal travel, food expenses etc.
Foreign Currency Demand Drafts : Demand Drafts are issued in
seven currencies like United States Dollars (USD), Great Britain
Pounds (GBP), EURO, Japanese Yen (JPY), Australian Dollars (AUD),
Canadian dollars (CAD) and New Zealand Dollars (NZD).
Foreign Currency Cheque Deposits : We can directly deposit our
foreign currency cheques in to our saving or current account.
Remittances : HDFC Bank offers the remittance facilities by which we
can send and receive money to anyone. They are categorized depending
on location and the urgency with which we want the money transferred.

CONTINUE.

Trade Service : HDFC Bank have people with high level of

expertise and experience in trade services to provide
services to suit specific requirements and structure solutions
for business needs.
HDFC Bank have 500 branches for trade services.
Mutual funds : Mutual funds are funds that pool the money
of several investors to invest in equity or debt markets.
Insurance : HDFC Bank offers a world of choice in
insurance. Like children future plans, retirements plans,
standard life, etc.

Milestones !!!!

HDFC Bank, the second largest private sector Bank in India has
been named Organisation of the Year at the Skoch Financial
Inclusion Awards 2013
Bank has been recognised as the Best in the Banking sector by the
Dun & Bradstreet Bharathi Cement Corporate Awards 2012.
Mumbai, September 7, 2012: HDFC Bank, India's second largest
private Bank has featured in the prestigious Forbes Asia's Fab 50'
list of companies.
Bank has won the NASSCOM CNBC-TV18 IT Innovation Award
for the BEST IT DRIVEN INNOVATION IN BANKING
(COMMERCIAL) in the VERTICAL category.

Capital Structure

The authorized capital of HDFC Bank is Rs550 crore (Rs5.5

billion).
The paid-up capital is Rs424.6 crore (Rs.4.2 billion).
The HDFC Group holds 19.4% of the bank's equity
Roughly 28% of the equity is held by Foreign Institutional
Investors (FIIs) and the bank has about 570,000 shareholders

SWOT ANALYSIS OF HDFC

Strengths
One of the leading new age private sector bank
HDFC Bank has over 1700 branches and over 5000 ATMs, in 780
cities in India,
Huge employee base i.e more than 51000 employees
Large collaborations with corporate for employee salary accounts

Continue

Weaknesses
Rural penetration is low.
Lesser no. of branches when compared with its competitors.

CONTINUE...

Opportunities
Mobile banking, Internet banking
Venturing into rural areas
Providing more complex products to the ever increasing demands
of the industry

CONTINUE...

Threats
Competitors
New banking licenses
Foreign banks that offer complex products

Operation Red Spider

On 14 March 2013 an online magazine named

Cobrapost.com released video footage from
Operation Red Spider showing high ranking
officials and some employees of HDFC bank
willing to turn black money into white which is
violation of Money Laundering Control Act
Following this the government of India and RBI
have ordered an inquiry
The enquiry confirmed violation of KYC (Know
Your Customer) norms by HDFC Bank. A
penalty of Rs 45 million was imposed on the
bank by RBI