$HDB HDFC Bank Limited Deep Dive and 2024 Outlook

The bank is consolidating and should get ready for another run up

Oct 15, 2024

∙ Paid

HDFC Bank Limited, headquartered in Mumbai, is India’s largest private sector bank by assets and one of the world’s top banks by market capitalization. Founded in 1994 as a subsidiary of HDFC Ltd, it began operations in January 1995, focusing on retail and wholesale banking services. The bank has grown significantly through strategic mergers, including the notable merger with HDFC Ltd, which expanded its customer base to over 120 million.

HDFC Bank offers a diverse range of products including:

Deposits: Savings and current accounts.
Loans: Home, vehicle, personal, and business loans.
Insurance: Life, health, and general insurance products.
Investment Services: Mutual funds, equities, and bonds.

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