Beruflich Dokumente
Kultur Dokumente
Products
HDFC Bank offers the following core products:
NRI banking
Under NRI Banking, HDFC offers:
Money Transfer
Research Reports
Payment Services
SME banking
Under SME Banking, HDFC offers:[15]
Business Financing
Trade Services
Cards
Wholesale banking[edit]
HDFC offers Wholesale Banking for Corporates and Financial
Institutions & Trusts. The Bank also provides services such as
Investment Banking and other services in the Government sector.[16]
Services
Wholesale banking services[edit]
HDFC Bank provides a range of commercial and transactional banking
services, including working capital finance, trade services, transactional
services, cash management, etc. to large, small and mid-sized
corporates and agriculture-based businesses in India. The bank is also a
leading provider of these services to its corporate customers, mutual
funds, stock exchange members and banks
Retail banking services[edit]
HDFC Bank was the first bank in India to launch an International Debit
Card in association with VISA (Visa Electron). The bank also issues
the MasterCard Maestro debit card.[18][19] The Bank launched its credit
card business in late 2001. By the end of June 2013, it had a credit card
base of 5.94 million.[20] By March 2012, the bank had a total card base
(debit and credit cards) of over 19.7 million. [17] The Bank is also one of
the leading players in the "merchant acquiring" business with over
240,000 point-of-sale (POS) terminals for debit / credit cards acceptance
at merchant establishments.[2][21] The Bank is positioned in various net
based B2C opportunities including a wide range of Internet banking
services for Fixed Deposits, Loans, Bill Payments, etc. [17]
Treasury[edit]
The bank has three main product areas - Foreign Exchange and
Derivatives, Local Currency Money Market & Debt Securities, and
Equities. These services are provided through the bank's Treasury team.
To comply with statutory reserve requirements, the bank is required to
hold 25% of its deposits in government securities. The Treasury
business is responsible for managing the returns and market risk on this
investment portfolio.[1][17]
HDFC Bank has two subsidiaries:
HDB Financial Services Limited (HDBFS): HDBFS is engaged in
retail asset financing. It is a non-deposit taking non-bank finance
company (NBFC). Apart from lending to individuals, the company grants
loans to micro, small and medium business enterprises. It also runs call
centers for collection services to the HDFC Banks retail loan products.
HDFC Bank holds 97.4% shares in HDBFS. As of March 31, 2013,
HDBFS has 230 branches in 184 cities. During the FY 2012-13, HDBFS
had turnover of INR 9.6 billion and profit after tax of INR 1 billion. [2] It has
6,404 employees as of 31 March 2013.[24]
HDFC Securities Limited (HSL): HSL is engaged in stock broking. As
of March 31, 2013, HDBFS has 194 branches across 150 cities. HDFC
Bank has 62.1% shareholding in HSL. During the FY 2012-13, HSL had
turnover of INR 2.3 billion and profit after tax of INR 668 million. [2] During
the year, the Company received the Best e-Brokerage Award - 2012 in
the Outlook Money Awards in the runner up category.
Shareholding: On 30 September 2013, the promoter group Housing
Development Finance Corporation held 22.72% of its equity shares.
33.61% of the shares were owned by the Foreign Institutional Investors
(FII). Around 428,000 individual public shareholders own approx. 8.43%
of its shares. The remaining 35.24% shares are owned by others.
Conclusion
After overhauling the all situation that boosted a number of Pvt.
Companies associated with multinational in the Insurance
Sector
to
give
befitting
competition
to
the
established