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 42.2k reviews | 4.0/5 based on 40.9k reviews | 3.7/5 based on 27.2k reviews | 3.7/5 based on 18.4k 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 9k women | 3.9 Good rated by 10.8k women | 3.6 Good rated by 5.9k women | 3.6 Good rated by 4.1k women |
Rating by Men Employees | 3.9 Good rated by 31.2k men | 4.0 Good rated by 28.3k men | 3.8 Good rated by 20.2k men | 3.8 Good rated by 13.7k men |
Job security | 4.0 Good | 4.1 Good | 3.7 Good | 3.7 Good |
HDFC Bank Salaries
Deputy Manager
Relationship Manager
Sales Officer
Sales Manager
Personal Banker
Credit Manager
Sales Executive
Assistant Vice President
Branch Manager
Branch Sales Officer
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HDFC Bank News
Analysis: SBI to net robust gains on its shareholding in Yes Bank
- SBI to sell a portion of its investment in Yes Bank to SMBC at ₹21.50 per equity share, doubling its investment in five years.
- SBI had initially invested ₹6,050 crore to acquire a 49% stake in Yes Bank at ₹10 per equity share, and will now sell 13.19% stake for about ₹8,889 crore.
- Other banks including HDFC Bank, ICICI Bank, Kotak Mahindra Bank, Axis Bank, IDFC First Bank, Federal Bank, and Bandhan Bank will collectively sell 6.81% stake in Yes Bank to SMBC for around ₹4,594 crore.
- SMBC's additional stake purchase in Yes Bank allows them to nominate two directors on the bank's Board and recommend a senior Banker to lead the bank post the current CEO's term ends in October 2025.

Stock Market Highlight: Nifty, Sensex See Biggest Intraday Jump Since 2021
- The Nifty 50 and Sensex experienced their biggest intraday jump since 2021, with Nifty 50 ending 3.82% higher at 24,924.70 and Sensex ending 3.74% up at 82,429.90.
- The surge in stock markets was attributed to improved investor sentiment following reduced tensions between India and Pakistan, along with positive signals from US-China trade talks.
- Key stocks like Infosys Ltd., Adani Enterprises Ltd., and HDFC Bank Ltd. contributed significantly to the gains in Nifty 50, while IndusInd Bank Ltd. and Sun Pharma saw declines.
- All sectors on NSE ended higher, with Nifty IT, Nifty Realty, and Nifty Metal registering notable gains. BSE MidCap and BSE SmallCap also outperformed benchmark BSE Sensex on Monday.

SMBC to Acquire 20% Stake in YES Bank, Becoming Largest Shareholder
- Sumitomo Mitsui Banking Corporation (SMBC) to acquire a 20% stake in YES Bank, becoming the bank's largest shareholder.
- The stake includes 13.19% from State Bank of India (SBI) and 6.81% from a group of Indian banks under the Reconstruction Scheme.
- SBI will retain a stake of over 10% while the selling banks include Axis Bank, Bandhan Bank, Federal Bank, HDFC Bank, ICICI Bank, IDFC First Bank, and Kotak Mahindra Bank.
- The deal, subject to regulatory approvals, is described as the largest cross-border investment in India's banking sector and marks a pivotal step in YES Bank's growth journey.

India Among Fastest-Growing, Strategically Significant Markets For Google Cloud: Country MD Bedi
- India is considered one of the fastest-growing and strategically significant markets for Google Cloud, according to Bikram Singh Bedi, VP and Country MD for Google Cloud.
- Google Cloud operates two cloud regions in India, Mumbai and Delhi, certified by the Ministry of Electronics and Information Technology, supporting various sectors such as financial services, healthcare, e-commerce, and telecommunications.
- Google Cloud has invested in subsea cable projects with landings in India and serves clients like HDFC Group, ICICI Bank, Flipkart, Jio, and Airtel in the country.
- Bedi emphasized that India is a high-growth market for Google Cloud, and the company's investments in India remain focused and ahead of the curve.

Share Market Highlights 9 May 2025: War fears hit Dalal Street: Sensex sinks 880 points, Nifty down 265
- Stock markets in India plunged over 1% on 9th May 2025 amid increasing tensions between India and Pakistan.
- BSE Sensex fell by 880 points to 79,454.47, while NSE Nifty declined by 266 points to 24,008 due to fears of prolonged conflict.
- Foreign Institutional Investors (FIIs) remained net buyers with investments of ₹2,008 crore on Thursday despite the geopolitical uncertainty.
- Top losers among Sensex stocks were ICICI Bank, Power Grid, HDFC Bank, and Reliance, while Titan and L&T saw gains on strong Q4 earnings and PAT rise, respectively.

PPFAS Flexi Cap Fund Enters Rs 1 Lakh-Crore Club — Here Are The Industry Heavyweights
- PPFAS Flexi Cap Fund, managed by Rajeev Thakkar, Raunak Onkar, and Raj Mehta, has entered the Rs 1 lakh crore Asset Under Management (AUM) club.
- Investments in the flexi cap category have been popular among investors due to the flexibility it offers in large cap, mid-cap, and small-cap stocks.
- Other notable schemes in the flexi cap category include HDFC flexi cap scheme with Rs 73,180 crore AUM and Kotak Flexi Cap Fund with Rs 50,536 crore AUM.
- Industry heavyweights like HDFC Balanced Advantage fund, HDFC Mid-cap Opportunities Fund, and SBI Equity Hybrid fund hold significant AUM in the mutual funds industry.

Fixed Deposit Interest Rates: Top Banks Offering Highest Returns On FDs In May
- Top banks are currently offering FD schemes with interest rates up to 8% per annum for a tenure of at least one year.
- Fixed Deposits (FDs) are popular among risk-averse investors for their secured returns and flexibility in tenure and deposit amounts.
- Interest rates on FDs are often influenced by the Reserve Bank of India's key lending rate reviews, with many banks revising rates after changes in repo rates.
- Banks like HDFC Bank, SBI, and Axis Bank are offering interest rates ranging from 6.60% to 6.70%, with some like Suryoday Small Finance Bank offering as high as 8% for certain tenures.

Nifty Bank Prediction Today – May 8, 2025: Index shows potential for a rally
- Nifty Bank index showed potential for a rally on May 8, 2025.
- The advance/decline ratio stood at 8/4, indicating a bullish bias in the market.
- Top gainers included AU Small Finance Bank and IDFC First Bank, up 2.9%, while top losers were IndusInd Bank and HDFC Bank, down 0.8% each.
- Nifty Bank futures (May) opened higher at 54,806, trading at around 54,880, with a potential resistance at 55,000. Long positions are advised with targets at 56,000 and stop-loss at 54,600.

Stock Market Highlights: Nifty, Sensex Reverse Losses To End Higher
- NSE Nifty 50 and BSE Sensex reversed losses to close higher, with Nifty up by 0.14% and Sensex up by 0.13%.
- Market witnessed significant volatility during the day, with Nifty maintaining support at 24,250 and facing resistance at 24,500.
- Shares of HDFC Bank, Tata Motors, Bajaj Finance, Mahindra & Mahindra, and ICICI Bank led gains in Nifty, while Reliance Industries, Sun Pharmaceuticals, ITC, Asian Paints, and HCL Technologies dragged the index.
- On the NSE, 11 out of 15 sectoral indices ended higher, with Nifty Auto, Realty, and Media rising the most, while Nifty Defence was the biggest loser of the day. BSE MidCap and SmallCap ended 1.36% and 1.16% higher, respectively.

Banks led by SBI to sell their stake in YES Bank to Sumitomo Mitsui Banking Corporation; report
- Sumitomo Mitsui Banking Corporation (SMBC) successfully bid to acquire banks' 33.71% stake in YES Bank.
- This acquisition will trigger an open offer as per regulations in case of acquiring more than certain percentages of shares in a financial year.
- SBI is currently the largest shareholder in YES Bank, followed by HDFC Bank, ICICI Bank, Kotak Mahindra Bank, and Axis Bank.
- SMBC's voting rights in YES Bank will be capped at 26% as per RBI regulations; YES Bank has received equity infusion from various institutions per the Government-approved reconstruction scheme.
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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