Business Strategy Of HDFC Bank - 2018-2019 StudyChaCha

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Old January 13th, 2018, 08:55 AM
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Default Business Strategy Of HDFC Bank

Hi buddy here I am looking for Business Strategy Of HDFC Bank, so would you plz let me know about the same here , as my uncle asking for the same ??
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Old January 13th, 2018, 08:56 AM
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Default Re: Business Strategy Of HDFC Bank

HDFC BANK’s General Business Strategy focusing on quality and not on quantity and delivering high quality customer service Leverage their technology platform and open scalable systems to deliver more products to more customers and to control operating costs Develop innovative products and services that attract the targeted customers Continue to develop products and services that reduce bank’s cost of funds Focus on high earnings growth with low volatility.

Bank profile

Type Public

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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