HDFC BANK (Stock Symbol: HDB)

HDB- Stock Profile

Company Name:HDFC BANK
Stock Ticker (Symbol):HDB
Traded Exchange:New York Stock Exchange
Average Traded Price:$47.93
Average Daily Traded Volume:749,100
Started to Trade on:Friday, July 01, 2011


HDFC Bank Limited provides banking and financial services to individuals and businesses in India. The company offers savings, current, and demat accounts, as well as accepts fixed and recurring deposits. It also provides safety deposits lockers; personal, home, two wheeler, new and used car, cash back, car n cash, education, retail agri, tractor, and warehouse receipt loans; overdraft facility; loan against gold, securities, property, and rental receivables; health care, commercial vehicle, working capital, and construction equipment finance; and credit, debit, and prepaid cards. In addition, the company offers wealth services, mutual funds, tax planning investment products; life insurance, such as traditional and unit linked plans; general insurance, including home, travel, and motor insurance; health, illness, and accident insurance products; bonds; IPOs; gold and silver bars. Further, it provides equity and derivative trading services through online; foreign exchange services comprising traveler's checks, foreign currency cash, pre-paid traveler's cards, foreign currency demand drafts, foreign currency check deposits, remittances, and cash to master services; payment services; private banking services consisting of advisory services and research reports. Additionally, the company offers NRI banking services; medical equipment, healthcare project, and short term finance; bill discounting; export credit; credit substitute products; structured cash flow financing; real estate funding; and online banking services. It also provides business accounts; letters of credit; guarantees; document collection, cash management, tax collection, and structured loan syndication services; and services to employee trusts and cash surplus corporates, as well as operates as bankers to rights/public issue. As of March 31, 2011, it operated a network of 1,986 branches and 5,471 automated teller machines in 779 cities. The company was founded in 1994 and is based in Mumbai, India.

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