oBANKING IN INDIA
oBOARD OF DIRECTORS
oPRODUCT & SERVICES
oTechnology used in HDFC Bank
oAchievements & milestones
oA bank is a financial institution whose primary activity is to act as a payment agent for customers and to borrow and lend money. oBanks are important players in financial markets and offer financial services such as investment funds. oIn some countries such as GERMANY, banks are the primary owners of industrial corporations . oWhile in other countries such as the UNITED STATES banks are prohibited from owning non-financial companies. 5.HISTORY OF BANKING
oThe first banks were probably the religious temples of the ancient world. oIt was probably established sometime during the third millennium B.C. Banks probably predated the invention of money. oThere are extant records of loans from the 18th century BC in Babylon that were made by temple priests or monks to merchants. 6.BANKING IN INDIA
oBanking in India originated in the last decades of the 18th century. oThe first banks were THE GENERAL BANK OF INDIA, which started in 1786, and BANK OF HINDUSTAN, both of which are now defunct. oThe oldest bank in existence in India is the STATE BANK OF INDIA, which originated in the BANK OF CALCUTTA in June 1806. oThe first fully Indian owned bank was the ALLAHABAD BANK, established in 1865. 7.Major players in India
oState Bank of India
oPunjab national Bank
oING Vysya Bank
oUnion Bank of India
oHousing Development Finance Corporation
oFounded in 1977 by Hasmukh bhai Parakh
oHDFC Bank was incorporated in August 1994
oAmong the first in new generation commercial banks
oRegistered office in Mumbai, India
oPromoted by HDFC, the parent company
oIPO in India in 1995
oListed in NSE, BSE, NYSE(ADR)
9.PROFILE OF HDFC BANK
oHeadquarters HDFC Bank Ltd., Mumbai, India
oIndustry Banking, Insurance, Capital Markets and allied industries oProducts Loans, Credit Cards, Savings, Investment vehicles, Insurance etc. oNet revenue Rs.2,509.6 crores
oNet income Rs. 4,634.3 crores
o1977 ATM’s in the country
o327 cities in India
oAll branches are OLRT connected
o16 branches in Middle east
o6 in Africa
oRepresentative offices in Hong Kong, NewYork, London & Singapore 11.BOARD OF DIRECTORS Mr. Aditya Puri, Managing director Mr. Jagdish Kapoor , chairman of HDFC Bank. Mr. Harish Engineer, Executive directors Keki Mistry, Managing Director Mr. A Rajan, Country Head-Operations Mr. Rahul Bhagat, Vice president 12.Mission
oWorld Class Indian Bank
oBenchmarking against international standards.
oBest practices in terms of product offerings, technology, service levels, risk management and audit & compliance. oTo build sound customer franchises across distinct businesses. 13.Business Strategy
oIncreasing market share in India’s expanding banking.
oDelivering high quality customer service.
oDelivering more products to more customers.
oMaintaining current high standards for asset quality through disciplined credit risk management. oDevelop innovative products and services that attract targeted customers and address inefficiencies in the Indian financial sector. 14.Product & services
oForeign Currency Cash
oForeign Currency Demand Drafts
oTravellers Cheques :...