Headquartered in Hdfc Bank House, Mumbai Fiscal year ends March NYSE: HDB hdfc.bank.in
HDFC Bank Limited is one of India's largest private sector banks, offering a comprehensive range of banking and financial services including retail banking, wholesale banking, treasury operations, and other banking services. The Bank operates an extensive distribution network of over 9,700 branches and 20,800 ATMs across more than 4,100 cities and towns in India, with 50% of branches in semi-urban and rural areas, supplemented by over 14,300 business correspondents. HDFC Bank holds majority stakes in key financial subsidiaries including HDB Financial Services (74.1% stake, a non-deposit taking NBFC), HDFC Life Insurance Company (50.5%, life insurance), HDFC ERGO General Insurance Company (50.2%, general insurance), HDFC Asset Management Company (52.3%, mutual fund management with approximately ₹9,691 billion in quarterly average AUM), and HDFC Securities (93.9%, securities broking). The Bank's loan portfolio spans retail loans, small and mid-market enterprise lending, and corporate/wholesale banking, with gross advances of approximately ₹32.2 trillion. It is listed on BSE, NSE, and NYSE (as ADRs under ticker HDB). Updated
HDFC Bank just marked a new 52-week low at $21.71, 0.6% under the prior floor set on September 10. The $111.7 billion lender has spent the past year grinding lower, and the stock has yet to find a level that holds.
GoPro's 10.3% jump leads the open, with Moderna close behind and the entire downside capped under 3.5%. Across the priority names, the gains are doing all the work this morning.
India’s economy continues to outpace most of the developed world, with the IMF and World Bank projecting multi-year growth well above US real GDP, which registered 0.5% annualized in the third quarter…
The Invesco RAFI Emerging Markets ETF (NYSEARCA:PXH) has surged 38% over the past year as investors rediscover emerging market opportunities. This rally reflects a fundamental shift in how the fund approaches EM…
HDFC Bank Limited is one of India's largest private sector banks, offering a comprehensive range of banking and financial services including retail banking, wholesale banking, treasury operations, and other banking services.
24/7 Wall St.'s 12-month price target for HDB is $30.06, rated Buy. The Wall Street consensus target is $30.30. HDB price prediction →
