Hdfc Bank

Topics: Bank, Debit card, Housing Development Finance Corporation Pages: 22 (5958 words) Published: March 14, 2013

MBA – (II) C


Preservation, inspiration and motivation have always played a key role in the success of any venture. In the present world of competition and success, project is like a Bridge between theoretical and practical working, willingly I prepared this particular Project. First of all I would like to thank the supreme power, the almighty god, who is obviously the one who has always guided me to work on the right path of my life. I would at the outset to thank Mr. Vipin Raghav, for granting me permission under take the project On “HDFC BANK”.

I sincerely thank to Dr. POOJA ARORA MAM (Lecturer, PTU) who provided me required help related to my project and support in completing the project.

At last I am heartily all of those persons who help me in completion of my project in direct or indirect way.


HDFC Bank Limited (BSE: 500180, NSE: HDFCBANK, NYSE: HDB) is an Indian financial services company based in Mumbai, Maharashtra that was incorporated in August 1994. HDFC Bank is the fifth or sixth largest bank in India by assets and the first largest bank by market capitalization as of November 1, 2012. The bank was promoted by the Housing Development Finance Corporation, a premier housing finance company (set up in 1977) of India. As on December 2012, HDFC Bank has 2,776 branches and 10,490 ATMs, in 1,399 cities in India, and all branches of the bank are linked on an online real-time basis. As of December 2012 the bank had balance sheet size of Rs. 3837 billion. For the fiscal year 2011-12, the bank has reported net profit of 5,167.07 crore (US$940.41 million), up 31.6% from the previous fiscal. HDFC Bank was incorporated in August 1994 and currently has an nationwide network of 2,776 Branches and 10,583 ATM's in  1,568 Indian towns and cities.

History :
HDFC Bank was incorporated in 1994 by Housing Development Finance Corporation Limited (HDFC), India's largest housing finance company. It was among the first companies to receive an 'in principle' approval from the Reserve Bank of India (RBI) to set up a bank in the private sector. The Bank started operations as a scheduled commercial bank in January 1995 under the RBI's liberalization policies. -------------------------------------------------

Times Bank Limited (owned by Bennett, Coleman & Co./The Times Group) was merged with HDFC Bank Ltd., in 2000. This was the first merger of two private banks in India. Shareholders of Times Bank received 1 share of HDFC Bank for every 5.75 shares of Times Bank. -------------------------------------------------

In 2008 HDFC Bank acquired Centurion Bank of Punjab taking its total branches to more than 1,000. The amalgamated bank emerged with a base of about Rs. 1,22,000 crore and net advances of about Rs.89,000 crore. The balance sheet size of the combined entity is more than Rs. 1,63,000 crore Business focus

HDFC Bank deals with three key business segments. - Wholesale Banking Services, Retail Banking Services, Treasury. It has entered the banking consortia of over 50 corporates for providing working capital finance, trade services, corporate finance, and merchant banking. It is also...
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