HDFC Bank
About HDFC Bank
Founded in 1994 as a subsidiary of Housing Development Finance Corporation. HDFC Bank became the largest private sector bank in India and one of the largest companies in the world by market capitalization. HDFC pioneered professional banking in India, with rigorous risk management and technology investment. The bank acquired Times Bank in 2000 and Centurion Bank of Punjab in 2008. HDFC Bank has over 80 million customers and 8,000 branches. The bank merged with its parent HDFC Ltd in 2022, creating a financial services giant with over 200 billion in assets. HDFC Bank is known for consistent 20 percent annual profit growth, rare in banking globally.
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