hdfc
DESCRIPTION
TRANSCRIPT
PRESENTED BY HIMABINDU.M
HDFC - HOUSING DEVELOPMENT FINANCE CORPORATION.
HDFC IS A PUBLIC COMPANY.
THE FOUNDERS OF THIS COMPANY ARE MR.VIRENDER AND KUNAL.
THE CHAIR MAN OF THIS COMPANY IS MR.MARTAND SINGH.
THE MD OF THIS COMPANY IS MR.ANAND DUBEY.
THE HEAD QUARTERS OF HDFC IS IN MUMBAI.
IT IS A MAJOR INDIAN FINANCIAL SERVICES RENDERING COMPANY.ESTABLISHED IN AUGUST ,1994.
RBI ALLOWED ESTABLISHING PRIVATE SECTOR BANKS.
HDFC BANK WAS INCORPORATED BY HDFC COMPANY.IT WAS THE FIRST COMPANY TO RECEIVE APPROVAL FROM RBI.
TIMES BANK LTD, WAS MERGED WITH HDFC BANK LTD IN 2000.THIS WAS FIRST MERGER OF TWO PVT. BANKS.
IN 2008, HDFC BANK ACQUIRED CENTURION BANK OF PUNJAB TAKING ITS TOTAL BRANCHES.
THE AMALGAMATED BANK EMERGED WITH A BALANCE SHEET OF COMBINED EQUITY OF RS.163000 CR.
HDFC BANK DEALS WITH 3 KEY BUSINESS SEGMENTS,
1. WHOLE SALE BANKING SERVICES2. RETAIL BANKING SERVICES3. TREASURY
THE BANK PROVIDES WORKING CAPITAL FINANCE, TRADE SERVICES, TRASACTIONAL SERVICES TO SMALL AND MID-SIZED CORPORATER AND AGRI-BASED BUSINESS.
IT IS RECOGNISED AS A LEADING PROVIDER OF CASH MANAGEMENT TO CORPORATE CUSTOMERS, MUTUAL FUNDS, STOCK EXCHANGE MEMBERS , BANKS.
THE OBJECTIVE OF RETAIL BANK IS TO PROVIDE ITS TARGET MARKET CUSTOMERS A FULL RANGE OF FINANCIAL PRODUCTS AND SERVICES.
HDFC BANK WAS FIRST BANK IN INDIA TO LAUNCH AN INTERNATIONAL DEBIT CARD IN ASSOCIATION WITH VISA.
THE BANK HAS 3 MAIN PRODUCT AREAS.THEY ARE
FOREIGN EXCHANGE AND DERIVATIVES
LOCAL CURRENCY MONEY MARKET AND DEBIT SECURITIES
EQUTIES
THESE SERVICES ARE PROVIDED THROUGH BANKS TREASURY TEAM.
HDFC BANK HAS NETWORK OF 1725 BRANCHES.
IT IS SPREAD IN 771 CITIES ACROSS INDIA.
ALL THE BRANCHES ARE LINKED AS ONLINE REAL TIME BASIS.
THANK YOU...