HDFC Bank
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About HDFC Bank

HDFC Bank is one of India’s leading private banks and was among the first to receive approval from the Reserve Bank of India (RBI) to set up a private sector bank in 1994.
As of December 31, 2024, the Bank’s distribution network was at 9,143 branches and 21,049 ATMs across 4,101 cities / towns as against 8,091 branches and 20,688 ATMs across 3,872 cities / towns as of December 31, 2023. 51% of our branches are in semiurban and rural areas.
The Bank’s international operations comprises four branches in Hong Kong, Bahrain, Dubai and an IFSC Banking Unit (IBU) in Gujarat International Finance Tech City. It has five representative offices in Kenya, Abu Dhabi, Dubai, London and Singapore. The Singapore and London offices were representative offices of erstwhile HDFC Limited and became representative offices of the Bank post the merger. These are for providing loans-related services for availing housing loans in India and for the purchase of properties in India.
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Change Company | Change Company | Change Company | ||
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Overall Rating | 3.9/5 based on 43.2k reviews | 4.0/5 based on 41.7k reviews | 3.7/5 based on 28.1k reviews | 3.7/5 based on 19k reviews |
Highly Rated for | Job security Skill development | Job security Skill development Company culture | No highly rated category | No highly rated category |
Critically Rated for | Promotions | No critically rated category | Promotions | Promotions |
Primary Work Policy | Work from office 84% employees reported | Work from office 91% employees reported | Work from office 79% employees reported | Work from office 81% employees reported |
Rating by Women Employees | 3.7 Good rated by 9.2k women | 3.9 Good rated by 11.1k women | 3.6 Good rated by 6.1k women | 3.6 Good rated by 4.2k women |
Rating by Men Employees | 3.9 Good rated by 31.9k men | 4.0 Good rated by 28.8k men | 3.8 Good rated by 20.9k men | 3.8 Good rated by 14.1k men |
Job security | 4.0 Good | 4.1 Good | 3.7 Good | 3.7 Good |
HDFC Bank Salaries
Deputy Manager
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Amit Kejriwal joins Tata Digital as head of total rewards
- Tata Digital appoints Amit Kejriwal as the head of total rewards, effective 14 June, 2025.
- Kejriwal will lead the Total Rewards strategy focusing on employee-centric compensation frameworks and talent retention.
- With over 18 years of experience, his appointment adds depth to Tata Digital's HR team in the evolving digital commerce space.
- Kejriwal previously led performance and rewards at Reliance Nippon Life Insurance since joining in 2022.
- He holds a Post Graduate Diploma from XLRI Jamshedpur and a Computer Applications degree from St. Xavier’s College, Ranchi.
- Kejriwal's expertise includes HR strategy, compensation, employee engagement, and talent management.
- His appointment underscores Tata Digital's commitment to building a high-performing workforce.
- Tata Digital continues to invest in a modern and agile workforce for its expansion in e-commerce and fintech.
- Kejriwal's experience at leading organizations like HDFC Bank, Reliance Digital Retail, and Indus Towers enhances Tata Digital's capabilities.

Asian Paints Share Price Gains After Major Block Deal
- Asian Paints share price increased by over 1% following a block deal where 85 lakh shares were exchanged.
- Reliance Industries sold 3.5 crore equity shares of Asian Paints in a previous block deal at an average price of Rs 2,201 per share.
- The total transaction value of the block deal amounted to Rs 7,703 crore.
- SBI Mutual Fund bought the entire 3.64% equity stake in the block deal.
- Asian Paints' share price rose 1.07% to Rs 2,237.90 apiece after the block deal.
- The stock was trading 0.28% higher at Rs 2,220.50 apiece.
- Asian Paints shares have fallen 23.92% in the last 12 months.
- Out of 39 analysts tracking the company, seven recommend 'buy', 10 suggest 'hold', and 22 advise 'sell'.
- The average 12-month consensus price target implies a 3.5% upside.
- Asian Paints' relative strength index was at 36.
- The NSE Nifty 50 advanced by 0.053%.
- The company had a total traded volume 1.6 times its 30-day average.
- Reliance Industries mentioned retaining a balance of 87 lakh shares of Asian Paints.
- The stock market saw a gain of over 700 points with HDFC Bank leading.
- Asian Paints stock news and live updates are available on NDTV Profit.
- The stock market saw a gain of over 700 points with HDFC Bank leading.

Stock Market Highlights: Investors Lose Rs 2.96 Lakh Crore As Sensex, Nifty Slump On Israel-Iran Tensions
- The Indian stock market witnessed a decline as the benchmark indices, NSE Nifty 50 and BSE Sensex, closed lower due to prevailing tensions between Israel and Iran.
- NSE Nifty 50 ended 169 points (0.68%) lower at 24,718.60, while BSE Sensex closed 573 points (0.70%) down at 81,118.
- During the day, Nifty fell by 1.67% to trade at 24,473, and Sensex declined by 1.64% to 80,354.59.
- This week, both Nifty and Sensex fell by more than 1%, with Nifty decreasing by 500 points from its weekly high, breaking a two-day gaining streak.
- Top losers in Nifty included Eternal Ltd. and Adani Ports, while Nifty Midcap 150 and Nifty Smallcap 250 also recorded declines.
- Nifty Realty sector performed poorly with Brigade Enterprises Ltd. and Raymond Ltd. among the top losers.
- Shares of Bharat Electronics Ltd. and Oil and Natural Gas Corp. were the top gainers, while Adani Ports and Special Economic Zones Ltd. and ITC Ltd. faced losses.
- Bharat Electronics Ltd. and Tata Consultancy Services Industries Ltd. contributed to gains in the index, while HDFC Bank Ltd. and Reliance Industries Ltd. were major drags.
- On NSE, nine out of 11 sectors ended in the red, with Nifty PSU Bank, FMCG, and Bank sectors among the top losers.
- Overall, both BSE MidCap and BSE SmallCap closed 0.26% lower, indicating a negative trend in the broader market indices.
- Market breadth favored sellers with 1,530 stocks advancing, 2,547 declining, and 136 remaining unchanged on the BSE.
- The ongoing tensions between Israel and Iran impacted the market performance adversely.
- The situation led to a downtrend in various sectors and indices, resulting in investor concerns.
- The market outlook remains uncertain due to geopolitical tensions and other external factors.
- Investors are monitoring the developments closely to assess the market direction and plan their investment strategies accordingly.

Stocks To Buy On June 13: Check Brijesh Ail's Top Stock Picks For Today
- Brijesh Ail shared his top stock picks for Friday the 13th, including Max Health, Voltas, and Eveready.
- The NSE Nifty 50 and BSE Sensex experienced a steep decline at market open following the Air India plane crash in Ahmedabad, with banking stocks like HDFC Bank Ltd., ICICI Bank Ltd., and State Bank of India leading losses.
- As of 12:40 p.m., Nifty 50 traded 0.79% lower at 24,692.60, and Sensex traded down by 0.79% at 81,050.47.
- Brijesh Ail recommended buying Max Health at Rs 1,200 per share with a target price of Rs 1,180 and a stop loss at Rs 1,265.
- For Voltas Ltd., Ail suggested buying at Rs 1,278 with a price target of Rs 1,330 and advised to book losses at Rs 1,260 per share.
- Ail also gave a 'buy' call for Eveready Industries India at Rs 326 per share with a target price of Rs 360 and a stop loss at Rs 312.
- Overall, Brijesh Ail's stock picks for the day are Max Health, Voltas, and Eveready.

HDFC Bank Mulls Legal Action Against Lilavati Trust For 'Defamatory Allegations'
- HDFC Bank contemplates legal action against Lilavati Kirtilal Mehta Medical Trust over defamatory allegations against MD and CEO Sashidhar Jagdishan.
- The bank vehemently denies the false and malicious accusations and states it follows high standards of governance and ethics.
- HDFC Bank may pursue defamation proceedings due to the trust's repeated claims.
- Allegations include claims of financial fraud involving a payment to Jagdishan to harass a trust member's father, recorded in a handwritten diary.
- HDFC Bank clarifies the matter as a recovery case for a long outstanding loan, with legal actions taken over two decades against the trustee and family members.
- The bank accuses the trust of launching vexatious legal actions after continuous failures in various courts, aiming to intimidate the bank and its MD & CEO.
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Stock markets close higher on firm global trends, foreign fund inflows
- The BSE Sensex closed higher by 0.15% at 82,515.14, climbing to 82,783.5 during the day.
- The NSE Nifty ended 0.15% higher at 25,141.40, with a six-day winning streak and a gain of 2.42% in six sessions.
- Gainers in the Sensex pack included HCL Tech, Infosys, and Reliance Industries, while laggards were Power Grid and HDFC Bank.
- Profit-booking in the broader markets continued due to high domestic valuations, but large-cap resilience and stable earnings outlooks favored institutional investors.
- The auto and IT sectors remained in focus, with auto stocks benefiting from improved monthly sales and IT shares from optimistic US-China trade resolution prospects.
- Asian markets like Kospi and Nikkei, along with European markets, closed higher, following positive trends in US markets.
- Foreign Institutional Investors (FIIs) bought equities worth ₹2,301.87 crore on Tuesday.
- Global oil benchmark Brent crude rose by 0.43% to $67.16 a barrel.

“If it was a startup, there’d be 20 threads and Netflix doc,” Anupam Mittal talks about HDFC CEO fraud charges
- Anupam Mittal, CEO of Shaadi.com, discussed the fraud allegations against HDFC Bank CEO Sashidhar Jagdishan.
- Mittal highlighted the financial fraud allegations and emphasized the media's relatively subdued response to the incident.
- He pointed out the disparity in reactions between allegations involving legacy institutions like HDFC Bank versus those involving startup founders.
- Mittal criticized what he perceives as a double standard in how allegations against startups versus established institutions are perceived by the media and the public.
- The Shaadi.com CEO noted that startup founders are often unfairly targeted and portrayed negatively in comparison to other stakeholders when businesses face challenges or failures.
- Mittal questioned how differently the situation would be portrayed if the individual involved were a startup founder, suggesting there would be more sensationalized coverage.

Debt collection platform Credgenics’ profit triples to Rs 25 crore in FY25; revenue up 40%
- Debt collection platform Credgenics reported a profit tripling to Rs 25 crore in FY25, driven by the demand for efficient recovery mechanisms amid stress on unsecured loans and rising default rates.
- The company's revenue increased by 40% to Rs 220 crore in FY25 compared to the previous year, with a focus on reducing dependence on unsecured personal loan accounts.
- Credgenics offers a software-as-a-service platform for lenders to manage loan collections, automate processes, and enhance repayment facilitation.
- The company is working with public sector banks on technology-led collection solutions, capitalizing on new revenue streams.
- Credgenics collaborates with 160 clients, including private banks, NBFCs, fintechs, and asset reconstruction companies, with notable partners like HDFC Bank, ICICI Bank, and Reliance Asset Reconstruction.
- CEO Rishabh Goel emphasized leveraging technology to address the challenges of scaling loan books by enhancing collection efficiency.
- Credgenics aims for growth within existing accounts, expanding its PSB client base, and venturing into international markets like the Middle East.
- In 2023, the company secured $50 million in funding from investors, valuing Credgenics at $340 million.
- Competitors of Credgenics include SpoctoX, CreditNirvana, and Rezolv, employing data-driven models to predict borrower behavior and implement recovery strategies.

Stock Market Highlights: Nifty, Sensex End Little Changed After Tuesday's Decline
- The NSE Nifty 50 closed 0.15% higher at 25,141, while the BSE Sensex ended 0.15% up at 82,515.
- During the day, the Nifty rose 0.47% to trade at 25,222.49 and the Sensex advanced 0.48% to 82,783.51.
- The markets saw an inverted V-shaped movement, with a surge in IT stocks but a subsequent decline in Midcap and Smallcap segments.
- Top gainers included Grasim Industries Ltd., Dr. Reddy's Laboratories Ltd., and Tech Mahindra Ltd.
- Top laggards were Trent Ltd., Maruti Suzuki India Ltd., and Asian Paints Ltd.
- Infosys Ltd. and Reliance Industries Ltd. contributed to gains, while HDFC Bank Ltd., Power Grid Corp., and Shriram Finance Ltd. dragged the index.
- On NSE, nine out of 15 sectors ended in the red, with Nifty Oil & Gas, IT, and Pharma among the top losers.
- The BSE MidCap closed down 0.12%, while the BSE SmallCap gained 0.06%.
- Market breadth favored buyers with 2,228 stocks advancing, 1,824 declining, and 124 remaining unchanged on the BSE.

Nifty 50 Top Gainers, Losers On June 11: HCLTech, Wipro To Power Grid
- The NSE Nifty 50 ended 37 points, or 0.15% higher at 25,141, while the BSE Sensex closed 123 points, or 0.15% up at 82,515.
- On Wednesday, HCL Technologies Ltd., Infosys Ltd., Tech Mahindra Ltd., Wipro Ltd. and Cipla Ltd. were the top five gainers, with HCLTech closing 3.28% higher at Rs 1,721.90 apiece.
- The top five losers included Shriram Finance Ltd., Power Grid Corp. of India, Adani Enterprises Ltd., Bharat Electronics Ltd., and Adani Ports and Special Economic Zone Ltd.
- Shriram Finance was the biggest loser, closing 2.26% lower at Rs 684.60, and Power Grid closed 1.88% lower at Rs 295.10.
- The benchmark equity indices closed higher after a one-day blip on Tuesday, with NSE Nifty 50 ending 0.15% higher at 25,141 and BSE Sensex closing 0.15% up at 82,515.
- Infosys Ltd. and Reliance Industries Ltd. were notable contributors to gains in the Nifty 50, while HDFC Bank Ltd., Power Grid Corp., and Shriram Finance Ltd. were among the stocks that dragged the index down.
- NDTV Profit highlighted the top gainers and losers in the Nifty 50 on June 11, with companies like HCLTech and Wipro in the spotlight.
- The stock market experienced fluctuations with certain companies making significant gains and losses.
- In terms of points contribution, Infosys Ltd. and Reliance Industries Ltd. played a vital role in driving gains for the Nifty 50.
- The performance of key companies like HCL Technologies and Power Grid Corp. shaped the market outcomes for the day.
- Overall, the Nifty 50 and Sensex demonstrated positive trends for the day, with fluctuations observed in individual stock performances.
- The stock market updates provided insights into the top performers and laggards on June 11, offering a snapshot of the day's trading activities.
- Key players such as HCLTech, Infosys, and Power Grid Corp. influenced the market dynamics and stock movements.
- The Nifty 50 showed resilience with gains, positioning certain companies like HCLTech and Infosys as leaders in the market on June 11.
- The trading session on June 11 reflected a mix of gainers and losers, showcasing the volatility in the stock market.
- Stocks like Adani Enterprises Ltd. and Shriram Finance Ltd. witnessed declines, impacting the overall market performance for the day.

HDFC Bank Subsidiaries
HDB Financial Services
HDFC Sales
HDFC Securities
HDFC Asset Management Company
HDFC Credila Financial Services
Centurion Bank of Punjab
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