HDFC Bank
HDFC Bank Limited (abbreviated HDB) is a Mumbai-based Indian banking and financial services firm. As of April 2021, it is India's largest private sector bank by assets and the world's tenth largest bank by market capitalization. With a market capitalization of ₹8.78 lakh crore, HDFC Bank is recently the largest bank in India. With almost 150,000 people, it is also India's sixteenth largest employer.
The Housing Development Finance Corporation established HDFC Bank in 1994 as a subsidiary, with its registered office in Mumbai, Maharashtra, India. Manmohan Singh, the then Union Finance Minister, inaugurated its first corporate office and a full-service branch at Sandoz House in Worli. HDFC Bank offers wholesale banking, retail banking, treasury, auto loans, two-wheeler loans, personal loans, loans against property, consumer durable loan, lifestyle loan, and credit cards. Payzapp and SmartBUY are two other digital products. For your consideration, HDFC Bank provides a variety of NRI accounts such as savings, current, salary, and fixed deposit accounts.
The objective of HDFC Bank is to be a world-class Indian bank. They have two goals: first, to be the preferred provider of banking services for target retail and wholesale client segments; and second, to be the preferred provider of banking services for target retail and wholesale customer segments. The second goal is to achieve healthy profit growth that is commensurate with the bank's risk tolerance. The bank is dedicated to upholding the highest levels of ethics, professional integrity, corporate governance, and regulatory compliance. The corporate strategy of HDFC Bank is built around five basic values: operational excellence, customer focus, product leadership, people, and sustainability.
Founded: 1994
Headquarters: Mumbai, India
Website: https://www.hdfcbank.com/