Indian banking and financial services company
HDFC Bank Limited (also known as HDFC ) is an Indian banking and financial services company headquartered in Mumbai . It is India's largest private sector bank by assets and the world's tenth-largest bank by market capitalization as of May 2024.[ 9] [ 10] [ 11] 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 ”.[ 12] [ 13]
As of April 2024, HDFC Bank has a market capitalization of $145 billion, making it the third-largest company on the Indian stock exchanges.[ 14] It is also the sixteenth largest employer in India with over 173,000 employees, following its takeover of parent company HDFC .[ 15] [ 16]
^ "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 .
^ "Balance Sheet of HDFC Bank" . moneycontrol. Archived from the original on 4 April 2020. Retrieved 7 January 2016 .
^ a b "HDFC Bank Consolidated Profit & Loss account, HDFC Bank Financial Statement & Accounts" (PDF) .
^ "HDFC Bank Scores Strong Q4: Profits Up 37%, Dividend Declared" . Bru Times News .
^ a b "HDFC Bank Consolidated Balance Sheet, HDFC Bank Financial Statement & Accounts" (PDF) .
^ "HDFC Bank Annual Report" (PDF) . HDFC BANK. Retrieved 18 July 2024 .
^ Securities, HDFC. "About Us" . hdfcsec.com . Archived from the original on 11 January 2021. Retrieved 9 December 2020 .
^ "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 .
^ "HDFC Bank most valuable brand in India: WPP study" . Livemint . 10 September 2015. Archived from the original on 28 November 2019. Retrieved 7 January 2016 .
^ "HDFC Ltd. to merge into HDFC Bank effective July 1, 2023" . hdfcbank.com . HDFC Bank. 30 June 2023. Retrieved 6 December 2023 .
^ Patil, Divya; Singh, Preeti (30 June 2023). "Bank Giant Bigger Than Morgan Stanley Arises From India Merger" . Bloomberg .
^ "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.
^ "RBI releases Domestic Systemically Important Banks (D-SIBs) of 2022" . Livemint . New Delhi. 2 January 2023. Retrieved 6 December 2023 .
^ "Largest bank by Market capitalization" . MoneyControl . Archived from the original on 6 June 2021. Retrieved 1 October 2014 .
^ "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 .
^ "HDFC Bank: Number of Employees 2006-2021 | HDB" . macrotrends.net . Archived from the original on 22 May 2021. Retrieved 22 May 2021 .