Established in 1994, Housing Development Finance Corporation Ltd (HDFC) Bank is an Indian financial services company based in Mumbai, Maharashtra. The bank is the first of its kind to receive an in-principle approval from the Reserve Bank of India (RBI) for establishment of a bank in the private sector. The Bank transacts both traditional commercial banking as well as investment banking. The various divisions of the bank include retail banking, wholesale banking and treasury operations.
HDFC Bank currently has nationwide network of 3,251 Branches and 11,177 ATM's in 2,022 Indian towns and cities and all branches of the bank are linked on an online real-time basis. The bank commenced operations as a Scheduled Commercial Bank in January 1995.
HDFC Bank: Success stories in the Indian banking sector
|2000||Started mobile banking and m-commerce services|
|2004||Won Asiamoney award for best domestic bank|
|2008||Opened its first overseas branch in Bahrain|
|2011||ICAI Award for Excellence in Financial Reporting|
|2013||Named Organisation of the Year at Skoch Financial Inclusion Awards|
Updated: August, 2013