Full Name: Housing Development Finance Corporation Bank Limited
Founded: August 1994
Headquarters: Mumbai, Maharashtra, India
CEO & MD (as of 2024): Sashidhar Jagdishan
Website: https://www.hdfcbank.com
One of India’s largest private sector banks, both by assets and market capitalization.
Offers a wide range of banking and financial services, including:
Retail and corporate banking
Credit cards and loans
Investment and wealth management
Insurance and mutual funds
Internet and mobile banking
Known for its strong technology infrastructure and early adoption of digital banking.
Has a wide reach with over 7,800 branches and more than 20,000 ATMs across India.
In July 2023, HDFC Ltd merged with HDFC Bank, creating one of the world’s largest banks by market capitalization.
Retail Banking: Savings accounts, personal loans, credit cards, auto loans, home loans
Wholesale Banking: Corporate lending, trade finance, treasury services
Digital Banking: NetBanking, MobileBanking App, PayZapp, and SmartHub
Financial Services: Mutual funds, insurance, Demat accounts, investment advisory