(HOUSING DEVELOPMENT FINANCE CORPORATION BANK ) (HDFC)PREPARED BY:-SANJIV YADAVMUNDIRIKA SAH
STUDY ABOUT MAJOR PLAYERS IN INDIA ABOUT HDFC BANK PROFILE OF HDFC BOARD OF DIRECTORS OF HDFC NETWORK OF HDFC PRODUCT & SERVICES OF HDFC SWOT ANALYSIS OF HDFC
HISTORY OF BANKING A bank is a financial institution that serves as a financial intermediary. It came in 14th century Bank are known by different name in different country as like banque in French , banc in German , banca in Italian etc. which means a bench counter . Which used to exchange the monetary values
Major players in India State Bank of India HDFC Bank ICICI Bank HSBC Bank IDBI Bank City Bank Axis Bank Punjab National Bank Union Bank of India Denna Bank etc.
ABOUT HDFC BANK Housing Development Finance Corporation Founded in 1977 by Hasmukh bhai Parakh HDFC Bank was incorporated in August 1994 The Bank started operations as a scheduled commercial bank in January 1995 under the RBIs liberalization policies It is the first in new generation commercial banks Registered office in Mumbai, India Promoted by HDFC, the parent company Listed in NSE, BSE, NYSE etc.
PROFILE OF HDFC BANK Type : Public Founded : August, 1994 Headquarters : HDFC Bank Ltd, Mumbai, India Industry : Banking, Insurance, Capital Markets and allied industries Products : Loans, Credit Cards, Savings, Investment vehicles, Insurance etc. Net revenue : Rs.24628.38 crores (2011) Net income : Rs. 4017.69 crores (2011) Employees : 55752(2011) Website : www.hdfcbank.com
BOARD OF DIRECTORS OF HDFC Mr. Aditya Puri- CEO & Managing director Mr. Jagdish Kapoor - Chairman of HDFC Bank. Mr. Harish Engineer- Executive directors Keki Mistry- Managing Director Mr. A Rajan- Country Head-Operations Mr. Rahul Bhagat- Vice president
NETWORK OF HDFC It has 2000 branches in India It has 6520 ATMs in the country It is spread 996 cities in India All branches are OLRT connected Representative offices in Hong Kong, New York, London & Singapore
CONTINUE««. Travelers Cheques : Travelers Cheques are a safe and easy way to protect your money when you travel. You can en cash them only when you need to, and only against your signature, unlike cash which can be stolen and misused by anybody, immediately. Credit Card : Credit Card can be used for all your requirements, be it shopping, eating out, holidaying, fuelling up your vehicle, railway ticket reservations – just about any financial requirement, planned . Home loan : Home loans for individual to purchase or construct houses. Personal Loans : The procedure of personal loan is simple, documentation is minimal and approval is quick.
CONTINUE««. Foreign Currency Cash : Foreign Currency Cash is a convenient way of meeting personal expenses along your journey, paying for taxis / internal travel, food expenses etc. Foreign Currency Demand Drafts : Demand Drafts are issued in seven currencies like United States Dollars(USD), Great Britain Pounds (GBP), EURO, Japanese Yen(JPY), Australian Dollars (AUD), Canadian dollars (CAD) and New Zealand Dollars (NZD). Foreign Currency Cheque Deposits: We can directly deposit our foreign currency cheques in to our saving or current account. Remittances : HDFC Bank offers the remittance facilities by which we can send and receive money to anyone. They are categorized depending on location and the urgency with which we want the money transferred
‡ CONTINUE««. Trade Service : HDFC Bank have people with high level of expertise and experience in trade services to provide services to suit specific requirements and structure solutions for business needs. HDFC Bank have 500 branches for trade services.‡ Mutual funds : Mutual funds are funds that pool the money of several investors to invest in equity or debt markets.‡ Insurance :HDFC Bank offers a world of choice in insurance. Like ± children future plans, retirements plans, standard life, etc
SWOT ANALYSIS OF HDFCStrengths ‡Support of various promoters ‡High level of services ‡Knowledge of Indian Markets Brand name
Continue…Weaknesses Minor hindrances Lags modernization
CONTINUE««.Opportunities Growing Indian banking sector. People are becoming more service oriented In the global market. Adding new Branches and ATMs
CONTINUE««.Threats From various competitors -Foreign banks -govt. banks‡ Future market trends Employees strike