0002 SAM 002

ASSIGNMENT NO : 6
Bank Name : HDFC BANK

Introduction
Housing Development Finance Corporation Limited (HDFC Bank) is India's
first private sector bank, and was established in 1994. It was incorporated
as a subsidiary of HDFC Ltd, India's leading housing finance
company. HDFC Bank's core values are: Operational excellence, Customer
focus, Product leadership, People, and Sustainability.
As per the Reserve Bank of India (RBI), India’s

banking sector is sufficiently capitalised and well-regulated. The financial
and economic conditions in the country are far superior to any other
country in the world. Credit, market and liquidity risk studies suggest that
Indian banks are generally resilient and have withstood the global
downturn well.
The Indian banking industry has recently witnessed the rollout of

innovative banking models like payments and small finance banks. In
recent years India has also focused on increasing its banking sector reach,
through various schemes like the Pradhan Mantri Jan Dhan Yojana and Post
payment banks. Schemes like these coupled with major banking sector
reforms like digital payments, neo-banking, a rise of Indian NBFCs and
fintech have significantly enhanced India’s financial inclusion and helped
fuel the credit cycle in the country.
INFORMATION OF BANK
HDFC Bank Limited
Company Public
type
Traded as NSE: HDFCBANK

BSE: 500180
NYSE: HDB (ADS)
BSE SENSEX constituent
NSE NIFTY 50 constituent
ISIN INE040A01034
Industry Banking
Financial services
Founded August 1994 (30 years ago)
Headquarters Mumbai, Maharashtra
,
India
Number of India:
locations 8,851 Branches
20,938 ATMs
Area served India
Key people Atanu Chakraborty
(Chairman)[1]
Sashidhar Jagdishan
(CEO)
Products Consumer banking
Commercial banking
Insurance
Credit cards
Investment banking
Mortgage loans
Private banking
Private equity
Investment management
Asset management
Mutual funds
Exchange-traded funds
Index funds
Wealth management[2]
Stockbroking
Risk management
Revenue ₹407,994
crore (US$49 billion)[3] (2024)
Operating ₹76,568
income crore (US$9.2 billion)[4] (2024)
Net income ₹64,062
crore (US$7.7 billion)[3] (2024)
Total assets ₹36.17 lakh
Total equity ₹4.53 lakh
Number of 213,527 (31 March 2024)[6]
employees
Subsidiaries HDFC Life
HDFC ERGO
HDFC Securities[7]
HDFC AMC (HDFC Mutual
Fund)
HDB Financial Services[8]
HDFC Capital Advisors
Market Size
As of October 2024, HDFC Bank's market capitalization is ₹12,60,070 Cr,

making it a large cap company. This makes HDFC Bank the 103rd most
valuable company in the world by market cap.
Market capitalization, or market cap, is the total market value of a
company's outstanding shares. It's a common way to measure how much a
company is worth.
HDFC Bank became the second-largest bank in India after merging with
HDFC Ltd in July 2023. The merger created a customer base of 120
million, making it larger than the population of Germany.
Investments/Developments
 The Defence Accounts Department (DAD) has entered into Memoranda of

Understanding (MoUs) with four banks in New Delhi. This partnership will
establish SPARSH [System for Pension Administration (Raksha)] Service Centres
at 1,128 branches of these four banks nationwide. It aims to enhance last-mile
connectivity for pensioners, particularly in remote regions.
 Digital payments have significantly increased in recent years, because of

coordinated efforts of the Government and RBI with all the stakeholders, UPI
volume for FY24 (until May) recorded to 27,338.
 Google India Digital Services (P) Limited and NPCI International Payments Ltd
(NIPL), have signed a Memorandum of Understanding (MoU) to expand the
transformative impact of UPI to countries beyond India.
 Warehousing Development Regulatory Authority and Punjab & Sind Bank signed
Memorandum of Understanding to facilitate low interest rate loans to farmers.
 Fincare Small Finance Bank Limited (Fincare) and AU Small Finance Bank Limited
(AU) has merged, with AU being the surviving entity (merged entity).
 In December 2023, ICICI Prudential Life Insurance and Ujjivan Small Finance
Bank forged the Bancassurance Partnership.
 In October 2023, AU Small Finance Bank announced the acquisition of Fincare

Small Finance Bank in an all-share deal and to merge it with itself.
 According to data released by the National Payments Corporation of India (NPCI),

UPI transactions reached 10.241 billion until August 30th, 2023.
 In September 2023, Hitachi Payment Services launched India's first-ever UPI-ATM

with NPCI.
 In September 2023, the Reserve Bank of India is likely to bring in CBDC in the call
money market.
 In July 2023, Mahindra and Mahindra acquires minority stake in RBL Bank.
 In July 2023, State Bank of India to acquire 100% stake of SBI Capital in SBICAP
Ventures for US$ 85.25 million (Rs. 708 crore).
 In June 2023, State Bank of India to acquire entire 20% stake of SBI Capital
Markets in SBI Pension Funds.
 In April 2023, HDFC Bank to acquire 20% or more in Griha Pte subsidiary of HDFC
Investments.
 M&A activity with an India angle hit a record US$ 171 billion in 2022.
Government Initiatives
HDFC Bank participates in many government initiatives, including:

 Government-sponsored schemes
HDFC Bank helps less privileged sections of society by participating in
government-sponsored schemes, such as the Prime Minister Employment
Generation Programme (PMEGP), PM Street Vendor Atmanirbhar Nidhi
(PM SVANidhi), and Chief Minister Employment Generation Programme
(CMEGP).
 Government social security schemes
HDFC Bank Savings Accounts allow customers to invest in government
social security schemes, such as the Atal Pension Yojana and the Pradhan
Mantri Jeevan Jyoti Bima Yojana (PMJJBY).
 Government schemes for MSME businesses
HDFC Bank offers government loan schemes for MSME businesses, such as
the PM Mudra Yojana, which provides tiered loans for different business
needs.
 Smart Schools Programme
HDFC Bank's Parivartan initiative launched the Smart Schools Programme
in partnership with Ambuja Cement Foundation. The program aims to
promote education among underprivileged students by providing modern
learning experiences in government schools in rural areas.
 Digital solutions for government and institutional segments
HDFC Bank offers comprehensive digital solutions for government and
institutional segments, integrated with PFMS in compliance to SNA
guidelines.
 Blood donation drive
HDFC Bank conducts one of India's largest single day blood donation
drives.
 Government & Institutional Business - HDFC Bank
*Comprehensive digital solution for all Government and Institutional
segments. ... Solutions integrated with PFMS in compliance to...
HDFC Bank

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ASSIGNMENT NO : 6

Bank Name : HDFC BANK

As per the Reserve Bank of India (RBI), India’s

The Indian banking industry has recently witnessed the rollout of

HDFC Bank Limited

Traded as NSE: HDFCBANK

As of October 2024, HDFC Bank's market capitalization is ₹12,60,070 Cr,

 The Defence Accounts Department (DAD) has entered into Memoranda of

 Digital payments have significantly increased in recent years, because of

 In October 2023, AU Small Finance Bank announced the acquisition of Fincare

 According to data released by the National Payments Corporation of India (NPCI),

 In September 2023, Hitachi Payment Services launched India's first-ever UPI-ATM

HDFC Bank participates in many government initiatives, including:

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