Expansion Of HDFC Bank - 2018-2019 StudyChaCha

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Old January 13th, 2018, 09:46 AM
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Default Expansion Of HDFC Bank

I want to know the Expansion of Housing Development Financial Corporation HDFC Bank so will you please tell me?
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Old January 13th, 2018, 10:42 AM
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Default Re: Expansion Of HDFC Bank

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

It has 84,325 employees and has a presence in Bahrain, Hong Kong and Dubai.

HDFC Bank is India’s largest private sector lender by assets.

It is the largest bank in India by market capitalization as of February 2016.

It was ranked 69th in 2016 BrandZ Top 100 Most Valuable Global Brands

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.

In 2008, Centurion Bank was acquired by HDFC Bank. HDFC Bank Board approved the acquisition of CBoP for 95.1 billion INR in one of the largest mergers in the financial sector in India.

HDFC Bank provides a number of products and services which includes Wholesale banking, Retail banking, Treasury, Auto (car) Loans, Two Wheeler Loans, Personal loans, Loan Against Property and Credit Cards

The equity shares of HDFC Bank are listed on Bombay Stock Exchange and the National Stock Exchange of India.

Its American Depository Shares are listed on NYSE and the Global depository receipt are listed on the Luxembourg Stock Exchange where two GDRs represent one equity share of HDFC Bank.

Shareholders (as of 31 December-2015) Shareholding
Promoter Group (HDFC) 21.57%
Foreign Institutional Investors (FII) 32.4%
Individual shareholders 8.5%
Bodies Corporate 7.5%
Insurance companies 5.38%
Mutual Funds/UTI 8.65%
NRI/OCB/Others 0.29%
Financial Institutions/Banks 2.75%
ADS/GDRs 18.78%

Contact-

Corporate Office

HDFC Bank House
1st Floor,C.S.No.6/242,
Senapati Bapat Marg,
Lower Parel,
Mumbai - 400 013.
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