AQB Calculator HDFC Bank

Hi buddy what do you mean by AQB Calculator in HDFC Bank reference , will you plz let me know about the same as my one of the friend asking me for it ??

HDFC (Housing Development Financial Corporation) Bank Limited is an Indian banking and financial services company headquartered in Mumbai, Maharashtra.

As you want I am telling Average Quarterly Balance (AQB) is the amount you are required to maintain in your account over a period of three month or one quarter. Average Quarterly Balance varies depending on the type of account and from bank to bank.

Bank profile :
Type Private
Traded as BSE: 500180
NSE: HDFCBANK
NYSE: HDB
BSE SENSEX Constituent
CNX Nifty Constituent
Industry Banking, Financial services
Founded August 1994
Headquarters Mumbai, Maharashtra, India
Area served India
Key people Aditya puri (MD)
Products Credit cards, consumer banking, corporate banking, finance and insurance, investment banking, mortgage loans, private banking, private equity, wealth management
Revenue 74,373 crore (US$12 billion) (2016)
Profit 12,817 crore (US$2.0 billion) (2016)
Total assets 86,384,021 lakh (US$130 billion) (2016)
Number of employees 84,325 (March 2017)

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Answered By StudyChaCha Member