A recent press report said that Housing Development Finance Corporation Ltd (HDFC) has reported a healthy growth in loans to individuals and corporates and has recorded 22 per cent increase in its net profit in the April-June 2011 quarter. HDFC has posted a net profit of Rs 1,176 crore against Rs 967 crore in the… Read More »
A recent press report said that HDFC Bank, the second largest private sector bank in the country, held a Mega Loan Mahotsava at Patas near Pune in Maharashtra. The bank had organized a first-of-its-kind one-day Mega Loan Mahotsava in Patas with a focus on loans for construction (home loan), earth-moving equipment and agriculture. Reports said… Read More »
According to a recent press report HDFC Bank, the second largest private sector bank in the country, has been acknowledged as the ‘Strongest bank in Asia-Pacific’. In a survey conducted by the Asian Banker magazine, the bank has won the honour, beating more than 50 banks across 13 countries in the Asia-Pacific region. As per… Read More »
HDFC bank was incorporated in August 1994 in the name of ‘Housing Development Finance Corporation Limited’, with its registered office in Mumbai, India. HDFC Bank commenced operations as a Scheduled Commercial Bank in January 1995. Currently the bank has a network of nationwide network of 1,416 Branches and 3,570 ATMs in 550 Indian towns and… Read More »