The Housing Development Finance Corporation (HDFC) Bank Limited is one of the private sector banks in India received an ‘in principle’ approval from RBI as part of the RBI liberalization of the Indian Banking Industry in 1994. It was headquartered in Mumbai, Maharashtra and its MD is Aditya Puri. HDFC bank is considered as the largest private sector lender by assets and also largest bank in India by market capitalization. It has its presence in the countries like Bahrain, Dubai, and Hongkong. It was ranked 69th in 2016 Brand. HDFC bank started operations as a scheduled commercial bank in January 1995. The bank has 84, 325 working employees.
HDFC Bank’s aim is to become a world-class Indian bank. It has spread its business by maintaining the highest level of ethical standards, corporate governance, professional integrity and regulatory compliance. The bank core value is based on five points: Customer Focus, Operational Excellence, Product Leadership, Sustainability and people. It has 4,715 branches and 12,260 ATMs across 2,657 cities and towns till June 30, 2017. The bank issued 235.7 Lacs debit cards and 85.4 Lacs credit card in FY 2017 and also installed 4.30 Lacs POS terminals.
HDFC bank products and services include: Wholesale banking, Retail banking, Treasury, HDFC auto loans, HDFC Car loans, HDFC personal loans, HDFC Mortgage loans, HDFC Home loans, HDFC Education Loans, and Credit Cards along with this various online products are Chillr and Payzapp.