Profile: HDFC Bank Ltd (HDB)
22 Nov 2017
HDFC Bank Limited (the Bank), incorporated on August 30, 1994, is a holding company. The Bank offers a range of banking services covering commercial and investment banking on the wholesale side and transactional/branch banking on the retail side. It also offers financial services. The Bank's segments include Treasury, Retail banking, Wholesale banking and Other banking business.
The Treasury segment primarily consists of net interest earnings from the Bank's investment portfolio, money market borrowing and lending, gains or losses on investment operations and on account of trading in foreign exchange and derivative contracts. The Treasury segment is responsible for compliance with reserve requirements, and management of liquidity and interest rate risk on the Bank's balance sheet. The Bank offers Indian rupee and foreign exchange derivative products to its customers. The Bank is also a primary dealer for Government securities. As part of this business, as well as otherwise, the Bank holds fixed income securities in the Held for Trading (HFT) category.
The Retail Banking segment serves retail customers through a branch network and other delivery channels, as well as through alternative delivery channels, such as automated teller machines (ATMs), phone banking, net banking and mobile banking. The Retail Banking segment provides customers with a range of financial products and banking services. It offers HDFC Bank Plus and Investment Advisory Services programs for customers seeking financial solutions, information and advice on various investment avenues. The Bank also has an array of retail loan products, including auto loans, loans against marketable securities, personal loans and loans for two-wheelers. It is also a provider of Depository Participant (DP) services for retail customers, providing customers the facility to hold their investments in electronic form. This segment raises deposits from customers and provides loans and other services to customers with the help of specialist product groups. Exposures are classified under retail banking taking into account the status of the borrower (orientation criterion), the nature of product, granularity of the exposure and the quantum thereof.
The Bank provides its corporate and institutional clients a range of commercial and transactional banking products. The Wholesale Banking business has a range of business groups catering to various segments with a range of banking services covering their working capital, term finance, trade services, cash management, investment banking services, foreign exchange and electronic banking requirements. It provides its customers' access to both Working Capital and Term Financing. The Bank's Financial Institutions and Government Business Group (FIG) offers commercial and transaction banking products to financial institutions, mutual funds, insurance companies, public sector undertakings, central and state government departments. The wholesale banking segment provides loans, non-fund facilities and transaction services to corporates, emerging corporates, public sector units, government bodies, financial institutions and medium scale enterprises.
Other banking business
The Other banking business segment includes income from para banking activities, such as credit cards, debit cards, third-party product distribution, primary dealership business and the associated costs. This segment also includes the Bank's subsidiaries, which include HDFC Securities Limited (HSL) and HDB Financial Services Limited (HDBFS). HSL is a retail broking firm, which offers financial services. HDBFS is a non-deposit taking non-bank finance company.
HDFC Bank Ltd
Hdfc Bank House'
Senapati Bapat Road, Lower Parel