HDFC Bank

HDFC Bank Limited
Company typePublic
ISININE040A01034
IndustryBanking
Financial services
FoundedAugust 1994 (August 1994)
Headquarters,
India
Number of locations
9,092 branches
20,993 ATMs[1]
Area served
India
Key people
Products
RevenueIncrease 4.08 lakh crore (US$48 billion) (2024)
Increase 76,568 crore (US$8.9 billion) (2024)
Increase 64,062 crore (US$7.5 billion) (2024)
Total assetsIncrease 36.17 lakh crore (US$420 billion) (2024)
Total equityIncrease 4.53 lakh crore (US$53 billion) (2024)
Number of employees
213,527 (31 March 2024)[4]
SubsidiariesHDFC Life
HDFC ERGO
HDFC Securities[5]
HDFC AMC (HDFC Mutual Fund)
HDB Financial Services[6]
HDFC Capital Advisors
Websitewww.hdfcbank.com Edit this at Wikidata
Footnotes / references
Financials as of 31 March 2024.[7][8]

HDFC Bank Limited is an Indian banking and financial services company, headquartered in Mumbai. It is India's largest private sector bank by assets and market capitalisation.[9]

The Reserve Bank of India (RBI) has identified the HDFC Bank, State Bank of India, and ICICI Bank as Domestic Systemically Important Banks (D-SIBs), which are often referred to as banks that are “too big to fail”.[10][11]

As of April 2024, HDFC Bank has a market capitalisation of $145 billion making it the third-largest company on the Indian stock exchanges.[12] It is also the sixteenth largest employer in India with over 1.73 lakh (173k) employees, following its takeover of parent company Housing Development Finance Corporation.[13][14]

  1. ^ About HDFC Bank
  2. ^ "RBI approves appointment of Atanu Chakraborty as part-time chairman of HDFC Bank". thehindu.com. Archived from the original on 23 April 2021. Retrieved 22 April 2021.
  3. ^ "Balance Sheet of HDFC Bank". moneycontrol. Archived from the original on 4 April 2020. Retrieved 7 January 2016.
  4. ^ "HDFC Bank Annual Report" (PDF). HDFC BANK. Retrieved 18 July 2024.
  5. ^ Securities, HDFC. "About Us". hdfcsec.com. Archived from the original on 11 January 2021. Retrieved 9 December 2020.
  6. ^ "How HDB Financial Services Can Add To HDFC Bank's Long Rally". Moneycontrol. Archived from the original on 26 April 2021. Retrieved 26 April 2021.
  7. ^ "HDFC Bank Consolidated Profit & Loss account, HDFC Bank Financial Statement & Accounts" (PDF).
  8. ^ "HDFC Bank Consolidated Balance Sheet, HDFC Bank Financial Statement & Accounts" (PDF).
  9. ^ "Top companies in India by total assets". Moneycontrol. Retrieved 10 January 2025.
  10. ^ "RBI releases 2022 list of Domestic Systemically Important Banks (D-SIBs)". rbi.org.in. RBI. 2 January 2023. Retrieved 6 December 2023. State Bank of India, ICICI Bank, and HDFC Bank continue to be identified as Domestic Systemically Important Banks (D-SIBs), under the same bucketing structure as in the 2021 list of D-SIBs.
  11. ^ "RBI releases Domestic Systemically Important Banks (D-SIBs) of 2022". Livemint. New Delhi. 2 January 2023. Retrieved 6 December 2023.
  12. ^ "Largest bank by Market capitalization". MoneyControl. Archived from the original on 6 June 2021. Retrieved 1 October 2014.
  13. ^ "Financial Results (Indian GAAP) for the Quarter and Year Ended March 31, 2023" (PDF). hdfcbank.com. HDFC Bank. 31 March 2023. p. 4. Retrieved 16 November 2023.
  14. ^ "HDFC Bank: Number of Employees 2006–2021 | HDB". macrotrends.net. Archived from the original on 22 May 2021. Retrieved 22 May 2021.

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