HDFC Bank
HDFC Bank
HDFC Bank
HDFC BANK
NAME : BHAVANA DIXIT
IMR : A
ROLL NO : 2108010700060
PRESENTATION ON HDFC BANK
Traded as
•NSE: HDFCBANK
•BSE: 500180
•NYSE: HDB (ADS)
•BSE SENSEX Constituent
•NSE NIFTY 50 Constituent
INE040A01034
ISIN
Financial services
Industry
Founded
August 1994 (28 years ago)
Mumbai, Maharashtra
Headquarters
, India
India
Area served
Key people
•Atanu Chakraborty
(Chairman)[1]
•Sashidhar Jagdishan
(CEO)
Products
•Credit cards
•Consumer banking
•Commercial banking
•Finance and insurance
•Investment banking
•Mortgage loans
•Private banking
•Private equity
•Wealth management[2]
₹167,695 crore (US$21 billion)[3] (2022)
Revenue
₹68,798 crore (US$8.6 billion)[3]
Operating income
₹38,151 crore (US$4.8 billion)[3] (2022)
Net income
₹2,122,934 crore (US$270 billion)[4] (2022)
Total assets
₹246,771 crore (US$31 billion)[4] (2022)
Total equity
(25.7%)
HISTORY OF HDFC BANK
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.Times Bank was established by Bennett, Coleman and Co. Ltd.,
commonly known as The Times Group, India's largest media
conglomerate.
In 2008, Centurion Bank of Punjab (CBoP) was acquired by HDFC Bank.
HDFC Bank's board approved the acquisition of CBoP for ₹95.1 billion in
one of the largest mergers in the financial sector in India.
In 2021, the bank acquired a 9.99% stake in FERBINE, an entity promoted
by Tata Group, to operate a Pan-India umbrella entity for retail payment
systems, similar to National Payments Corporation of India.
In September 2021, the bank partnered with Paytm to launch a range of
credit cards powered by the global card network Visa.
On April 4, 2022, HDFC Bank announced merger with HDFC Limited.
INVESTMENTS