HDFC Bank Ltd - ADR
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About HDFC Bank Ltd - ADR
HDFC Bank Ltd is an Indian bank. It operates in the following segments: Treasury, Retail banking, Wholesale banking, and Other banking business. The maximum revenue for the company is generated from its Retail banking segment, which serves retail customers through its branch network and other channels. This segment raises customer deposits and provides loans and other services to customers using different product groups. Its other operations include providing wholesale banking services to corporates, government entities, and other enterprises, generating income from its treasury operations, and performing para-banking activities such as offering credit cards, debit cards, etc. Geographically, the company generates a majority of its revenue from its operations in India.
HDFC Bank Ltd. (HDB) is an Indian banking and financial services group headquartered in Mumbai, India. Incorporated in 1994, the bank provides retail, wholesale, and treasury services to individuals, businesses, and institutional clients.
The bank offers products and services spanning deposits and payments, consumer and business lending, credit cards, trade finance, cash management, and wealth-related services. In 2023, Housing Development Finance Corporation merged into HDFC Bank, expanding the group's scale across banking and housing finance.
For clients in the Middle East and North Africa, HDFC Bank has regional touchpoints through its international operations, including a branch in Bahrain and a branch in the Dubai International Financial Centre (DIFC), serving cross-border banking needs for corporates and internationally based clients, subject to local regulatory permissions.
HDFC Bank Ltd. is listed on the National Stock Exchange of India and the BSE, and its American Depositary Receipts trade on the New York Stock Exchange.
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