HDFC Bank


It is a banking and financial services business enterprise based in Mumbai. With a workforce of 76,286 employees which consist of 12,680 females and has offices in Bahrain, Hong Kong and Dubai. It is the 2nd biggest non-public economic institution in country by assets. It is the biggest financial institution of country by way of market-cap as of second month of 2016. It was 58thamong country’s “most trusted brands” on-line “Brand Trust report, 2015”. Balance sheet as of Q2 2016, grew from INR 6,293.22 billion to INR 7,551.00 billion Q2 ‘15. The financial institution’s preferred earnings by Q2, 2016 became INR1,932.26 billion, as towards INR 165.03.0 billion for Q2 ‘15. Net revenues (net interest income including different profits) improved 19.6% to INR 105.88 billion for Q2, 2016 from INR 88.507 billion in the same period previous year.

HDFC was set up in ’94 in Mumbai, India. Its initial office and a complete provider branch at Sandoz residence, Worli changed into inaugural by then Finance Minister Manmohan Singh. By Q2, 2016 the bank’s footstep reach is 4,541 branches and 12,013 ATMs.
2.10.8.2 Merchandise and carrier
HDFC bank affords some of services and products which includes- “
1.         Wholesale banking services
2.         Retail banking services
3.         Treasury”

Next PostNewer Post Previous PostOlder Post Home