HDFC Bank

Summary

HDFC Bank was incorporated in August 1994 and currently has an nationwide network of 3,488 Branches and 11,426 ATM’s in 2,231 Indian towns and cities.

HDFC Bank’s Corporate Governance Policy has been adopted keeping in mind the importance of attaining fairness for all stakeholders, as well as achieving organizational efficiency.

History

A subsidiary of the Housing Development Finance Corporation, HDFC Bank was incorporated in 1994, with its registered office in Mumbai, Maharashtra, India. Its first corporate office and a full-service branch at Sandoz House, Worli were inaugurated by the then Union Finance Minister, Manmohan Singh.

As of 30 June 2019, the Bank’s distribution network was at 5500 branches across 2,764 cities. The bank also installed 430,000 POS terminals and issued 23570,000 debit cards and 12 million credit cards in FY 2017.

Mission

HDFC Bank’s mission is to be a world class Indian bank. We have a two-fold objective: first, to be the preferred provider of banking services for target retail and wholesale customer segments. The second objective is to achieve healthy growth in profitability, consistent with the bank’s risk appetite.

References

https://www.hdfcbank.com/?__cf_chl_jschl_tk__=e47575c0201cd610c8b3feed9bf18ecc5e6e37ea-1603408542-0-AcOPq4N4P0zerEPcUdzf_yFS5kxadxVxO2L_aaHKzlClyQarBOchu-4t4epMTz74jnC-2WV7u6c6t4BunbZgeEv7MrJDBPhxqDgUNviXLYaY-spSCbsU9jlkmpv3NaYEIbr7wiWP67NEq_ob_U0cjrKIh5nHGmEr5mV8_XzZiR7C6cLA4brnZd2zpfZlVn1rUuQjyvdyqqjQLhhyvPKuIsbzKKsvsvaPXw2tk_RLzBX8qKm92uF8DCbS3ZgRfP904twU25fC8we6_f5_GPJfIeE

https://en.wikipedia.org/wiki/HDFC_Bank

https://www.crunchbase.com/organization/hdfc-bank

https://www.indeed.co.in/cmp/Hdfc-Bank/about