Wednesday, 9 May 2012

HDFC Bank Limited

  Unknown       Wednesday, 9 May 2012

HDFC Bank Limited
Type
Public
Traded as
BSE: 500180
NSE: HDFCBANK
NYSE: HDB
Industry
Banking, Financial services
Founded
August 1994
Headquarters
Mumbai, Maharashtra, India
Area served
Worldwide
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[
Employees
55,752 (2011)
Website
HDFC Bank Limited is an Indian financial services company and was incorporated in August 1994, after the Reserve Bank of India allowed establishing private sector banks. The Bank was promoted by the Housing Development Finance Corporation, Times Bank Limited (owned by Bennett, Coleman & Co. / Times Group) was merged with HDFC Bank Ltd., in 2000. This was the first merger of two private banks in India. Shareholders of Times Bank received 1 share of HDFC Bank for every 5.75 shares of Times Bank.

It is one of the Big Four banks of India, along with:
  • ICICI Bank and
  • Punjab National Bank
  • State Bank of India,
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