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HDFC Bank
The Housing Development Finance Corporation Limited (HDFC) was amongst the first to receive an in principle approval from the Reserve Bank of India (RBI) to set up a bank in the private sector, as part of the RBI's liberalisation of the Indian Banking Industry. The bank was incorporated in August 1994 in the name of HDFC Bank Limited, with its registered office in Mumbai, India. The bank commenced operations as a Scheduled Commercial Bank in January 1995.
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Office Address:HDFC Bank
New Bldg;
Chandivali Farm Road, Off Saki Vihar Road, Chandivali, Andheri (East)
Mumbai, MH, 400072
Phone : +91-22-24988484, 24961616
Fax : +91-22-24965235
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HSBC's origins in India date back to 1853, when the Mercantile Bank of India was established in Mumbai. The Bank has since, steadily grown in reach and service offerings, keeping pace with the evolving banking and financial needs of its customers. In India, the Bank offers a comprehensive suite of world-class products and services to its corporate and commercial banking clients as also to a fast growing personal banking customer base.
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/images/logos/local/th_icicipruamc.jpgICICI Prudential Asset Management Company Ltd.
ICICI Prudential Asset Management Company Ltd. is the second largest asset management company (AMC) in the country (as per average assets under management as on June 30, 2014) focused on bridging the gap between savings & investments and creating long term wealth for investors through a range of simple and relevant investment solutions. (Data source: AMFI).The AMC is a joint venture between ICICI Bank, a well-known and trusted name in financial services in India and Prudential Plc, one of UK’s largest players in the financial services sectors. Throughout these years of the joint venture, the company has forged a position of pre-eminence in the Indian Mutual Fund industry. The AMC manages significant Assets under Management (AUM) in the mutual fund segment. The AMC also caters to Portfolio Management Services for investors, spread across the country, along with International Advisory Mandates for clients across international markets in asset classes like Debt, Equity and Real Estate.
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/images/logos/local/th_indian_bank.jpgIndian Bank
In addition to standard banking services, Indian Bank diversified into Merchant Banking, Housing and Fund Management services. More than 1300 branches and 75 ATMs across the country.
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IBA has 147 members comprising of Public Sector banks, Private Sector banks, Foreign banks having offices in India, Urban Co-operative banks, Developmental financial institutions, Federations, merchant banks, mutual funds, housing finance corporations, etc. Main objective is to promote and develop in India sound and progressive banking principles, practices and conventions and to contribute to the developments of creative banking.
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/images/logos/local/th_iob.jpgIndian Overseas Bank
The Constitution of the Board of the Bank is governed by "The Nationalized Banks (Management and Miscellaneous Provisions) Scheme, 1970, formulated by the Central Government, after consultation with the Reserve Bank of India, in exercise of the powers conferred by section 9 of "The Banking Companies (Acquisition and Transfer of Undertakings) Ac, t 1970". Offers Personal Banking, NRI services, Forex services, Agri Business Consultancy, Credit Cards and Any Branch Banking and ATM network.
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HDFC Bank becomes first Indian bank to cross Rs5 trillion market cap
Posted on 19th January 2018
Mumbai: India’s most-valued lender HDFC Bank Ltd on Thursday crossed Rs5 trillion market capitalisation for the first time, making it only the third Indian company to achieve this milestone.

In intraday trade, the stock touched a fresh record high of Rs1,53.75 on the BSE, up 3.31% from its previous close. The scrip closed at Rs1,931.80, up 2.15% with a market cap of Rs5 trillion. Read More


HDFC Bank market cap crosses Rs 5-trillion mark first time
Posted on 18th January 2018
HDFC Bank saw its market capitalisation (market-cap) crossing Rs 5-trillion after the share price of the bank hit a new high on Thursday. The country’s private sector lender becoming the third firm after Reliance Industries (RIL) and Tata Consultancy Services (TCS) to achieve this milestone.

At 10:27 AM; HDFC Bank was rading 3% higher at Rs 1,949, have a market-cap of Rs 5.04 trillion, the BSE data shows. RIL was at number one rank with a market-cap of Rs 5.84 trillion, followed by TCS, which have market-cap of Rs 5.5 trillion. Read More


HDFC takes centre stage
Posted on 16th January 2018
Mumbai: Shares of HDFC on Monday soared above 6 per cent with its market capitalisation zooming over Rs 17,300 crore as investors cheered the company's fund raising plans.

On the BSE, the shares of the country's largest housing finance company hit a record high during intra-day trades. Read More


HDFC Bank pegs GDP growth at 7.3% in FY19 on rural push, consumption surge
Posted on 10th January 2018
Second largest private sector lender HDFC Bank expects an uptick in GDP growth in FY19 to 7.3 per cent from the 6.5 per cent estimated for FY18, expecting a rural push by Government and rise in consumption.

"We expect GDP growth to pick up to 7.3 per cent in FY19 and the gross value added growth to stand at 7.1 per cent," its economists said in a note. Read More


Sensex rebounds in opening trade on Asian cues
Posted on 4th January 2018
The benchmark BSE Sensex recovered by over 123 points in early trade on Thursday, halting its three- session falling streak on fresh spell of buying in recent losers amid positive Asian cues.

The 30-share index rebounded by 123.37 points, or 0.36 per cent, to 33,916.75. The gauge had lost 263.45 points in the previous three sessions. Read More

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