HDFC Bank’s business philosophy is based on five core values: Customer Focus, Operational Excellence, Product Leadership, People and Sustainability . The Bank is committed to maintaining the highest level of ethical standards, professional integrity, corporate governance and regulatory compliance.
What is the main objective of HDFC Bank?
HDFC Bank’s mission is to be a world class Indian bank. We have a two-fold objective: first, to be the preferred provider of banking services for target retail and wholesale customer segments . The second objective is to achieve healthy growth in profitability, consistent with the bank’s risk appetite.
What is the face value of HDFC Bank?
Presently, one share of HDFC Bank has a face value of Rs 2 . Its shares closed at Rs 2,328.40 apiece on the BSE, down 1.71 per cent. At present, the bank has issued about 272.33 crore shares of face value of Rs 2.
What is HDFC Bank rating?
| Instrument Rating Rating Agency | Long Term Unsecured, Subordinated (Lower Tier 2) Bonds IND AAA India Ratings | Upper Tier 2 Bonds CARE AAA CARE Ratings | CRISIL AAA CRISIL | Infrastructure Bonds CARE AAA CARE Ratings |
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What is HDFC net worth?
| BalanceSheet – HDFC Bank Ltd. | Rs (in Crores) | Share Capital 551.28 548.33 | Reserves & Surplus 203169.55 170437.70 | Net Worth 203720.83 170986.03 |
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Is HDFC demat account free?
You pay Zero account opening charges and Account maintenance charges free for first year , Let HDFC Bank help you grow your hard-earned money today! Already have a HDFC Bank Demat account? Open your Trading Account online and linked it to your Demat & savings account for Seamless transfer of funds & shares.
What does HDFC stand for?
Welcome to the world of what is known in real estate as the H.D.F.C., or Housing Development Fund Corporation — a form of co-op housing intended for low-income New Yorkers. The bulk of these income-restricted co-ops came into being after thousands of derelict apartments were seized by the city in the late ’70s.
Are HDFC and HDFC Bank different?
HDFC holds 26.14% of shares in HDFC Bank. HDFC Bank sources home loans for HDFC for a fee. The key business areas of HDFC bank are wholesale and retail banking and treasury operations.
What is the full form of HDFC?
HDFC Bank Ltd Was incorporated on August 30 1994 by Housing Development Finance Corporation Ltd . ... HDFC Bank commenced operations as a Scheduled Commercial Bank in January 1995.
Who is the No 1 bank in India?
DBS Bank has taken the top position in a list of the best banks in India, This is DBS Bank’s second consecutive win out of 30 domestic and international banks operating in India. The list was compiled by Forbes in partnership with market research firm Statista.
Is HDFC a good bank?
Having offered the best-in-class financial and banking products and services for decades, today, HDFC Bank holds the status of being India’s most trusted bank .
Is it good to work in HDFC Bank?
HDFC Bank is now a Great Place to Work
What’s most encouraging is that the certification was the result of an employee survey conducted by a third-party global authority on recognising high-trust and performance culture at workplaces.
Which private bank is best?
As of March 2021, HDFC Bank was the leading Indian private bank with total assets over 15 trillion Indian rupees. Within the banking sector, HDFC bank comes second after the public State Bank of India which is worth nearly 40 trillion Indian rupees in terms of assets during the same time period.
Is HDFC Bank Safe?
While the deposits of HDFC, an NBFC, are not covered by deposit insurance (bank deposits of up to ₹5 lakh are covered by DICGC), its 40-year plus stable business provides significant confidence. Besides, the company has been maintaining a AAA rating on its deposits for more than 26 years.
What is the minimum balance to be maintained in HDFC?
For regular savings accounts held in HDFC Bank’s metro and urban branches, the customer is required to maintain an average monthly balance of ₹ 10,000 to avoid penalty charges, according to the lender’s website – hdfcbank.com. In semi-urban branches, an average of ₹ 5,000 is required.
