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HDB $63.32

HDB target price
63.32
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HDFC Bank Limited
Type
Public
Traded as BSE: 500180
NSE: HDFCBANK
NYSE: HDB
BSE SENSEX Constituent
CNX Nifty Constituent
Industry Banking, financial services
Founded August 1994
Headquarters Mumbai, Maharashtra, India
Area served
India
Key people
Aditya Puri (MD)
Products Credit cards, consumer banking, corporate banking, finance and insurance, investment banking, mortgage loans, private banking, private equity, wealth management
Revenue 74,373 crore (US$12 billion) (2016)
Profit 12,817 crore (US$2.0 billion) (2016)
Total assets 86,384,021 lakh (US$130 billion) (2016)"HDFC Bank" (PDF). 
Number of employees
84,325 (March 2017)
Website HDFCBank.com

HDFC (Housing Development Financial Corporation) Bank Limited is an Indian banking and financial services company headquartered in Mumbai, Maharashtra. It has 84,325 employees and has a presence in Bahrain, Hong Kong and Dubai. HDFC Bank is India’s largest private sector lender by assets. It is the largest bank in India by market capitalization as of February 2016. It was ranked 69th in 2016 BrandZ Top 100 Most Valuable Global Brands.

In 1994 HDFC Bank was incorporated, with its registered office in Mumbai, India. Its first corporate office and a full service branch at Sandoz House, Worli were inaugurated by the then Union Finance Minister, Manmohan Singh.

As of June 30, 2017, the bank's distribution network was at 4,727 branches and 12,220 ATMs across 2,666 cities and towns.

HDFC Bank provides a number of products and services including wholesale banking, retail banking, treasury, auto loans, two wheeler loans, personal loans, loans against property and credit cards.

The latest entry in the league is 'Project AI', under which HDFC Bank, over the next few weeks, would deploy robots at select bank branches. These robots will offer options such as cash withdrawal or deposit, forex, fixed deposits and demat services displaying on a screen to customers.

HDFC Bank merged with Times Bank in February 2000. This was the first merger of two private banks in the New Generation private sector banks category. In 2008, Centurion Bank was acquired by HDFC Bank. HDFC Bank Board approved the acquisition of CBoP for 95.1 billion INR in one of the largest mergers in the financial sector in India.

The equity shares of HDFC Bank are listed on the Bombay Stock Exchange and the National Stock Exchange of India. Its American Depository Shares are listed on NYSE and the global depository receipt are listed on the Luxembourg Stock Exchange where two GDRs represent one equity share of HDFC Bank.

Q reports

Period Date Adjusted Actuals EPS GAAP EPS
Q1 2023 2022-10-14 Future report Set alerts
Q4 2022 2022-09-06 0.75 0.75
Q1 2022 2022-07-15 0.00 0.00
Q4 2021 2022-04-16 0.00 0.00
Q3 2021 2022-01-16 0.76 0.76
Q2 2021 2021-10-16 0.00 0.00
Q1 2021 2021-07-19 0.58 0.58
Q4 2020 2021-04-17 0.63 0.63
Q2 2020 2020-10-17 0.00 0.00
Q1 2020 2020-07-17 0.50 0.50

Ratings

2016-01-05 Reiterated Rating Morgan Stanley Overweight
2015-06-05 Upgrade Citigroup Inc. Neutral to Buy
2015-03-11 Initiated Coverage Societe Generale Buy
2007-11-05 Initiated Lehman Brothers Overweight
2007-09-28 Upgrade Credit Suisse Neutral to Outperform
2007-07-13 Initiated Jefferies & Co Buy $107
2016-01-05 Reiterated Rating Morgan Stanley Overweight
2015-06-05 Upgrade Citigroup Inc. Neutral to Buy
2015-03-11 Initiated Coverage Societe Generale Buy
2007-11-05 Initiated Lehman Brothers Overweight
2007-09-28 Upgrade Credit Suisse Neutral to Outperform

There is presents forecasts of rating agencies and recommendations for investors about this ticker

Major Shareholders

Name Relationship Total Shares Holding stocks