HDFC Bank is one of India's premier banks, providing a wide range of financial products & services across hundreds of Indian cities using multiple distribution channels, including pan-India network of branches,...
HDFC Bank is one of India's premier banks, providing a wide range of financial products & services across hundreds of Indian cities using multiple distribution channels, including pan-India network of branches, ATMs, phone banking, net banking & mobile banking. Within a relatively short span of time, the bank has emerged as a leading player in retail banking, wholesale banking, & treasury operations, its three principal business segments. It is the largest bank in India by market capitalization as of February 2016.
On its path to becoming a "World Class Bank" the bank has won several awards; recent ones being Bank of the Year & Best Digital Banking Initiative Award 2016 (KPMG study of India's Best Banks), Best Companies to work for (Business Today magazine), as well as bagging four awards from the Indian Banks' Association. By 2015, the Bank had featured in Forbes Asia's "Fab 50" list nine consecutive times.The Bank was named India's Best Managed Company in a 2015 FinanceAsia survey, which also named CEO Mr. Aditya Puri as Best CEO.
HDFC Bank's National Blood Donation Drive, held annually since 2007, was recognized as the largest effort of its kind across the world in 2013 with 61,902 donors in a single day. In 2014, 1,55,599 donors participated at 913 locations
The bank which unveiled its Go Digital Initiative in 2014, harnessing the power of technology by enabling customers to perform over 75 transactions from their mobile phone – "Bank Aapki Muththi Mein", has also been the first to launch its wearable app on the Apple Watch, as well as use big data and biometrics to offer instant loans. The Bank's payment and e-commerce eco-system app, PayZapp has recorded a million downloads within a year of its launch. To harness the power of entrepreneurship in the fintech space for delivering differentiated customer experience, the Bank has initiated its Digital Innovation Summit in 2016.
HDFC Bank was incorporated in August 1994 and currently has an nationwide network of 3,488 Branches and 11,426 ATM's in 2,231 Indian towns and cities.
HDFC Bank's Corporate Governance Policy has been adopted keeping in mind the importance of attaining fairness for all stakeholders, as well as achieving organizational efficiency.