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 liberalization of the Indian Banking Industry in 1994.
The bank was incorporated in August 1994 in the name of ‘HDFC Bank Limited’, with its registered office in Mumbai, India. HDFC Bank commenced operations as a Scheduled Commercial Bank in January 1995.
HDFC Bank’s mission is to be a World-Class Indian Bank. The objective is to build sound customer franchises across distinct businesses so as to be the preferred provider of banking services for target retail and wholesale customer segments, and to achieve healthy growth in profitability, consistent with the bank’s risk appetite. The bank is committed to maintain the highest level of ethical standards, professional integrity, corporate governance and regulatory compliance.
HDFC Bank is a young and dynamic bank, with a youthful and enthusiastic team determined to accomplish the vision of becoming a world-class India bank.
Our business philosophy is based on four core values ‐ Customer Focus, Operational Excellence, Product Leadership and People. We believe that the ultimate identity and success of our bank will reside in the exceptional quality of our people and their extraordinary efforts. For this reason, we are committed to hiring, developing, motivating and retaining the best people in the industry.
|Dun & Bradstreet Corporate Awards 2016||HDFC Bank wins Dun & Bradstreet Corporate Award 2016 in the Banking sector|
|The Financial Express India’s Best Banks Awards 2015||‐ Profitability: Rank 1 ‐ Efficiency: Rank 1 ‐ Strength & Soundness: Rank 1|
|Outlook Money Awards 2015||‐ Best Bank of the year : Runner up
‐ Winner : Institutional Financial Distributor of the year
|Pension Fund Regulatory and Development Authority awards for Atal Pension Yojana||‐ Best Performing Bank ‐ Maximum APY Subscribers
‐ Best Performing Bank in the Private sector Banks category
‐ Best Performing Bank : Atal Pension Yojana Carnivals in Private Sector Banks
|Business Today||KPMG India’s Best Banks 2015 Awards|
|Barron’s World’s Top 30 CEOs||Mr. Aditya Puri in Barron’s Top 30 Global CEOs for 2nd year|
|IBA Awards||HDFC Bank wins prestigious IBA Banking Technology Awards|
|Business Today||Best Companies to Work for in India|
|NABARD Award||Best Bank in JLG-Bank Linkage programme in Assam|
|Business Today ‐ KPMG India’s Best Bank||HDFC Bank wins Bank of the year and Best Digital Banking Initiative awards|
|NABARD Award ‐ The Best Bank in SHG Credit Linkage in Tamil Nadu||HDFC Bank wins NABARD Award|