Why Bank with HDFC Bank

Why bank with HDFC Bank?

HDFC Bank is one of India's leading private sector banks. The group’s flagship company HDFC Ltd, is India's largest housing finance company and has an enviable track record since its inception in 1977

Background

Promoted in 1995 by Housing Development Finance Corporation (HDFC), India's leading housing finance company, HDFC Bank is one of India's premier banks providing a wide range of financial products and services to its over 18 million customers across hundreds of Indian cities using multiple distribution channels including a pan-India network of branches, ATMs, phone banking, net banking and mobile banking. Within a relatively short span of time, the bank has emerged as a leading player in retail banking, wholesale banking, and treasury operations, its three principal business segments.

The bank is committed to maintain the highest level of ethical standards, professional integrity, corporate governance and regulatory compliance. HDFC Bank's business philosophy is based on four core values: Operational Excellence, Customer Focus, Product Leadership and People

The bank's competitive strength clearly lies in the use of technology and the ability to deliver world-class service with rapid response time. Over the last 13 years, the bank has successfully gained market share in its target customer franchises while maintaining healthy profitability and asset quality.

Leading Indian and international publications have recognized the bank for its performance and quality.

Awards & Milestones

HDFC Bank began operations with a simple mission: to be a "World-class Indian Bank" with single-minded focus on product quality and service excellence. Today, we are proud to say that we are well on our way towards that goal.

Some key milestones achieved along the way:

The Bank is listed on the Bombay Stock Exchange Limited (BSE) and The National Stock Exchange of India Limited (NSE) with the approximate market capital of $18.3 Billion
One of the first Indian Bank to be listed on New York Stock Exchange (NYSE) (symbol 'HDB') in 2001 & also listed on the Luxembourg Stock Exchange (ISIN No US40415F2002) in 2008
Fitch Ratings India Pvt. Ltd. (100% subsidiary of Fitch Inc.) has assigned the "AAA (ind)" rating to HDFC Bank Ltd
HDFC Bank Ltd is also among the Fab 50 companies in Forbes list
HDFC Bank Ltd was also awarded as the "Best Domestic Bank" by Asia Money
India's 10 "Most Admired Company" by Wall Street Journal

Over the years, the Bank has received recognition and awards from several leading organizations and publications, both domestic and international. For more information, click here.

Our Network

The Bank has a network of over branches in cities across India. All branches are linked on an online real-time basis. Customers in over 500 locations are also serviced through Telephone Banking. The Bank’s expansion plans take into account the need to have a presence in all major industrial and commercial centres, where its corporate customers are located, as well as the need to build a strong retail customer base for both deposits and loan products. Being a clearing / settlement bank to various leading stock exchanges, the Bank has branches in centres where the NSE / BSE have a strong and active member base.

The Bank also has a network of ATMs across India. HDFC Bank’s ATM network can be accessed by all domestic and international Visa / MasterCard, Visa Electron / Maestro, Plus / Cirrus and American Express Credit / Charge cardholders.

Financial Results

The last fifteen years have been very fulfilling. But we'll let our numbers do the talking. That will give you a fair idea of how we have grown. Please Click here for the last quarter financial results.