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HDFC Bank

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HDFC Bank
Satish Ahirwar@satish_ahirwar123
Dec 08, 2016 10:09 PM, 8449 Views
HDFC Bank

^ Jump up to: a b c "HDFC Bank Q1 net profit at Rs.3238.9 crore; Gross NPA at 1.04%".


Jump up^ "HDFC Bank Quarterly Results".


Jump up^ "FINANCIAL RESULTS(INDIAN GAAP) FOR THE QUARTER AND YEAR ENDED MARCH 31, 2016"(PDF). hdfcbank.com.


Jump up^ "hdfcbank.com"(PDF). FINANCIAL RESULTS(INDIAN GAAP) FOR THE QUARTER AND YEAR ENDED MARCH 31, 2016. Sharekhan.


Jump up^ "Times of India". HDFC Bank opens Branch in Dubai. Times of India. August 25, 2014.


Jump up^ "HDFC Bank most valuable brand in India: WPP study". Livemint. Livemint. September 10, 2015.


Jump up^ "Largest bank by Market capitalization". MoneyControl. MoneyControl.


Jump up^ "HDFC Bank among top 100 Most Valuable Global brands"(PDF). hdfcbank.com.


Jump up^ "HDFC Bank reports 20% jump in net profit". The Hindu Business Line. July 21, 2016.In 1994 HDFC Bank was incorporated, with its registered office in Mumbai, India. Its first corporate office and a full service branch at Sandoz House, Worli was inaugurated by the then Union Finance Minister, Manmohan Singh.


As of June 30, 2016, the Bank’s distribution network was at 4, 541 branches and 12, 013 ATMs.[11]


Products and services[edit]


Market leader in e-commerce, HDFC Bank provides a series of digital offerings like - 10 second personal loan, Chillr, PayZapp, SME Bank, Watch Banking, 30-Minute Auto Loan, 15-minute Two-Wheeler Loan, e-payment gateways, Digital Wallet, etc.[12]


HDFC Bank provides a number of products and services which includes Wholesale banking, Retail banking, Treasury, Auto(car) Loans, Two Wheeler Loans, Personal loans, Loan Against Property and Credit Cards.[13]


The latest entry in the league is’Project AI’, [14] under which HDFC Bank, over the next few weeks, would deploy robots at select bank branches. These robots will offer options such as cash withdrawal or deposit, forex, fixed deposits and demat services displaying on the screen to persons coming into the branch.[15]


Acquisitions[edit]


HDFC Bank merged with Times Bank in February 2000. This was the first merger of two private banks in the New Generation Private Sector Banks category.[16] In 2008, Centurion Bank was acquired by HDFC Bank. HDFC Bank Board approved the acquisition of CBoP for 95.1 billion INR in one of the largest mergers in the financial sector in India.[17]


Listings and shareholding[18][edit]


The equity shares of HDFC Bank are listed on Bombay Stock Exchange and the National Stock Exchange of India. Its American Depository Shares are listed on NYSE and the Global depository receipt are listed on the Luxembourg Stock Exchange where two GDRs represent one equity share of HDFC Bank.


Shareholders(as of 31 December-2015)    Shareholding[18]


Promoter Group(HDFC)    21.57%


Foreign Institutional Investors(FII)    32.4%


Individual shareholders 8.5%


Bodies Corporate    7.5%


Insurance companies 5.38%


Mutual Funds/UTI    8.65%


NRI/OCB/Others 0.29%


Financial Institutions/Banks    2.75%


ADS/GDRs    18.78%


CSR activities[edit]


HDFC Bank has taken several steps as a part of their Corporate Social Responsibility. It has collaborated with several NGOs to assist in its activities.


Jump up^ "digiqom.com/clientnews/hdfcbank". digital offering.


Jump up^ "HDFC Bank – About Banking Services, Loans Scheme, Award, Contact Address and more". business.mapsofindia.com. Retrieved 2016-07-16.


Jump up^ "Financial Express". Soon, robot to greet you at HDFC Bank. August 29, 2016.


Jump up^ "FirstPost". At HDFC Bank, a robot will soon guide you for cash withdrawal, deposit etc. August 29, 2016.


Jump up^ "HDFC Bank: Reports, Company History, Directors Report, Chairman’s Speech, Auditors Report of HDFC Bank - NDTVProfit.com". profit.ndtv.com. Retrieved 2016-07-16.


Jump up^ "HDFC Bank to acquire Centurion Bank of Punjab". Banknet India.


^ Jump up to: a b "HDFC bank listing & shareholding". Money Control.


Jump up^ https://archive.indianexpress.com/news/hdfc-bank-aims-at-converging-india-and-bharat-through-financial-inclusion/1179310/


Jump up^ https://business-standard.com/article/finance/hdfc-bank-launches-rural-financial-literacy-initiative-in-chhattisgarh-113103000686_1.html


Jump up^ https://ngobox.org/CSR-project_Education%20Projects_80


Jump up^ Global Brands Magazine Award 2016 winners

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