HDFC Bank was established in 1994. It is one of the leading private banks in India and was one of the first to get approval from the Reserve Bank of India (RBI).
Today HDFC Bank has a banking network of 5,608 branches and 14,897 ATMs in 2,902 cities/towns.
HDFC Bank caters to a wide range of banking services which includes commercial and investment banking on the wholesale side and transaction/branch banking on the retail side.
For the bank’s customers, the bank offers a wide range of commercial and transactional banking services including working capital finance, business services, transaction services, cash management etc. The bank is also a leading provider of structured solutions, combined with cash management services. Provides vendor and distributor finance to facilitate better supply chain management for its corporate clients. Based on its superior product delivery/service levels and strong customer orientation, the Bank has made significant inroads into the banking consortium of several leading Indian Corporates including MNCs, Domestic Business House Companies and Major Public Sector Companies. The Bank’s three core products The sectors are – forex and derivatives, local currency money markets and debt securities, and equities.
HDFC Bank was the first bank in India to launch an international debit card in association with Visa and also issued the MasterCard Maestro Debit Card.