HDFC Bank
Indian banking and financial services provider HDFC Bank Ltd. has its corporate office in Mumbai. As of April 2021, it was the largest private sector bank in India by assets and the tenth-largest bank in the world by market capitalization. With a $127.16 billion market capitalization on the Indian stock exchanges, it is the third-largest firm overall. With a little under 150,000 workers, it ranks as India's fifteenth largest employer.
Being a division of the Housing Development Finance Corporation, HDFC Bank was established in 1994 and has its registered office in Mumbai, Maharashtra, India. The company's first corporate office and a full-service branch were opened by Manmohan Singh, who was the Union Finance Minister at the time, in Sandoz House in Worli.
The bank's distribution network consisted of 6,378 branches spread over 3,203 locations as of June 30, 2022. In FY 2017, it issued 12 million credit cards, 23,570,000 debit cards, and 430,000 POS terminals. As of June 30, 2022, it had a base of 1,52,511 permanent employees.
The market capitalization of HDFC Bank was $122.86 billion as of March 2023. By market cap, HDFC Bank is now the 100th most valuable corporation in the world. The most recent financial reports from HDFC Bank indicate that the company's current revenue (TTM) is $14.07 billion. The corporation generated $12.43 billion in revenue in 2020, an increase over the $10.86 billion it generated in revenue in 2019.
Founded: August 1994
Headquarters: Mumbai, Maharashtra, India
Website: www.hdfcbank.com