Housing Development Finance Corporation (HDFC) Ltd. is one of India’s largest financial conglomerate and pioneers of housing finance.
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HDFC Bank was the first to receive an “in principle” from the Reserve Bank of India to set up a bank in the private sector. Their stocks are valued as the top five most preferred stocks. HDFC has won numerous awards and accolades for financial services.
HDFC’s distribution network expands over 4787 bank branches across 2691 cities and a network of 12.635 ATMs across India. HDFC Bank, HDFC Life, HDFC Pension, HDFC Mutual Funds, HDFC Ergo General Insurance, HDFC Sales, HDFC Red, HDFC Credila, HDFC Property Fund, HDFC Realty, GRUH Finance Limited and HT Parekh Foundation are 12 companies with 474 interconnected offices. There are 3 more representative offices in London Singapore and Dubai for NRIs and persons of Indian origin.
HDFC Bank provides transactions through its net banking and mobile banking platform. Their plan is to incorporate the Near Field Communication (NFC) technology in the form of mobile wallet. This technology can be used to make payments through the user’s mobile phone.
The Professional Banker Program is an initiative in partnership with The Skills Academy, National Institute of Banking & Finance (NIBF), Global Talent Track and FOSTIMA. They have also launched the Sales Officer Program with NIBF, Finitiatives Learning India Pvt. Ltd and E3 Zone Edutrain India Pvt. Ltd.
HDFC Bank initiative Parivartan strives to improve communities by providing sustainable means to livelihood, also being prime sponsors for (ZIIEI) Zero Investment Innovation for Education Initiative.
HDFC Bank’s first fully digitized branch opened on the 30th of March, 2017 at Hinjewadi, Pune.
Won “The Best Bank Award: New Private Sector” in 2019 at FE Best bank Awards.
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