Hdfc Bank Ltd Overview
HDFC Bank Limited, established in August 1994 and headquartered in Mumbai, India, was among the first to receive 'in principle' approval from the RBI for setting up a bank in the private sector. As a leading provider of a wide array of banking and financial services including retail, wholesale banking, and treasury operations, it is promoted by HDFC Ltd., holding a 19.32% stake as of September 30, 2020. Today, HDFC Bank stands as India's largest private sector bank, showcasing robust financial health with key ratios such as a Capital Adequacy Ratio of 18.9%, Net Interest Margin of 3.89%, and low NPA levels. The bank's diverse revenue streams span across treasury, retail banking, and wholesale banking, supported by a vast domestic presence with a marginal international footprint in locations like Bahrain, Hong Kong, UAE, and Kenya. With a significant network of branches and ATMs across India, HDFC Bank also boasts a substantial loan portfolio, leadership in the payments business handling every third rupee spent on cards in India, and commanding market shares in advances, deposits, and card volumes. An ongoing proposal for amalgamation with HDFC Ltd aims to further solidify its position, underscoring its pioneering role in introducing international debit cards in India and its dominance across various banking segments.