www.hdfcbank.com
73www.hdfcbank.com is among the top three in key segments like car loans, personal loans, loans against shares and the market leader in debit cards, Demat accounts, cash management services. It is the third-most valued bank in India, at over Rs. 52000 crore. Centurion Bank of Punjab is presently ranks tenth in India, with a market capitalization of around Rs10500 Crore. HDFC Bank is five times CBoP's size with less than double the branch network. As a result, CBoP's cost-income ratio is at an industry high 66 per cent.
www.hdfcbank.com is first among the new generation private sector banks to get banking license as part banking liberalization in mid-1990s. Starting operation in 1995, the bank played a crucial role, along with ICICI Bank, in changing Indian banking landscape. HDFC Bank is aiming to take the lead in finance segment that, on a pan India basis, accounts for about 70% of the country's one-billion-plus population.
It is the tenth member bank to join the Cashnet shared ATM network in India, which was established in mid 2003 by Euronet. The addition of HDFC will enable the Cashnet network to soon provide access to over 5,000 ATMs across India, serving approximately 12.6 million debit and credit cardholders of the member banks.
Some people say, HDFC Bank is the worst bank in this world. They ask for so many types of documentation before loan approval. HDFC is headquartered in Mumbai, India and employs about 14,900 people. The company recorded revenues of INR 36,054.1 million (approximately $810.5 million) during the fiscal year ended March 2006, an increase of 49% over 2005.
www.hdfcbank.com was promoted in 1995 by HDFC, India's premier housing finance company. Since then, HDFC Bank has grown manifold to emerge as one of India's leading private sector banks. HDFC Bank was down 6% yesterday and down 11% since last Wednesday.
HDFC Bank has a data warehousing solution that determines the profitability of customers and enables the business to identify the target group for each of its products. In addition to the value it brought to business it was an inexpensive implementation.
HDFC Bank has a huge list of items to redeem your points for. I've to pay a Rs 1,700 extra, but I'll get gift coupons worth of Rs 1,500. However the bank has been a consistent performer, with its key parameters being one of the best in the industry. Its net interest margin at 4.3% and the current account and savings account (CASA) ratio at 50.9% are among the highest in the industry.
ww.hdfcbank.com has announced an alliance with Scotiabank for a strategic partnership to facilitate Indian immigrants in Canada. This arrangement will also enable Scotiabank to provide expediency to its Canadian customers for their banking needs in India by giving them access to HDFC Bank. HDFC Bank has also decided to make preferential issue to its shareholders so that their stakes remain unchanged after the merger.
HDFC has a feature in their on-line Net Banking where we could request Demand Draft's (DD) in rupees to be sent to a beneficiary's address. The DD's will be requested from a savings account with HDFC bank and mailing address will be the same as it appears on the bank account.
I would sum it up by saying that HDFC Bank has long been your trusted partner. Extend your relationship with them by letting them take care of your valuables - jewelry, precious documents, and memorabilia - all your life's worth!
HDFC has revealed its plan to foray into the Gulf state of Bahrain by the middle of this year. State Bank of India, Bank of Baroda and ICICI are the other Indian banks, which have already tapped on the financial resources and provided services to the people of Bahrain.
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Abhinav says:
7 months ago
thats was the best bank in the world