What is the previous name of HDFC Bank?
The Housing Development Finance Corporation
Who founded HDFC Bank?
Housing Development Finance Corporation
| Type | Public |
|---|---|
| Founded | 1977 |
| Headquarters | Mumbai, Maharashtra, India |
| Area served | India |
| Key people | Deepak Parekh (Chairman) Keki Mistry (Vice Chairman & CEO) Renu Sud Karnad (Managing Director) |
What is the history of HDFC Bank?
HDFC Bank was incorporated in 1994 as a subsidiary of the Housing Development Finance Corporation, with its registered office in Mumbai, Maharashtra, India. Its first corporate office and a full-service branch at Sandoz House, Worli were inaugurated by the Union Finance Minister, Manmohan Singh.
What is full form HDFC?
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 RBI’s liberalisation of the Indian Banking Industry in 1994.
Who is the chairman of HDFC?
chairman Deepak Parekh
Which bank is richest in India?
1. HDFC Bank
| Type | Private Company |
|---|---|
| Asset | ₹1,189,432 crore (US$170 billion) (2019) |
| Number of Branches | 5,314 (30th September 2019) |
| Number of ATMs | 13,514 (Across India) |
| Number of Employees | 1,04,154 (30th June 2019) |
Which is the No 1 bank in world?
Industrial & Commercial Bank of China Limited
Which savings account is best in HDFC?
| Benefits / Product | SavingsMax Account (Our Premium Product) | Women’s Savings Account |
|---|---|---|
| Payable-at-par Chequebook | Yes | Yes |
| Average Monthly Balance (AMB) | Rs 25,000 | Rs 10,000 ( Urban/Metro) Rs 5,000 ( Semi-urban/Rural branches) |
| Non-maintenance charges | Click here to know more | Click here to know more |