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HDFC Bank declared ‘Best Domestic Bank’ in India by Asiamoney

20 Jun 2012 Evaluate

HDFC Bank has been declared as the ‘Best Domestic Bank’ in India for the year 2012 by Asiamoney. This was based on the findings of an in-depth annual survey of banks and broking houses, the magazine conducted across 14 countries. The findings were announced in magazine’s June 2012 issue.

According to the publication, despite a challenging fiscal year 2011-12, HDFC Bank has been among the strongest performers in India over the past year. Asiamoney Best Bank Awards 2012 covered 14 countries (Australia, China, Hong Kong, India, Indonesia, Japan, Korea, Malaysia, Pakistan, Philippines, Singapore, Taiwan, Thailand and Vietnam) and honoured their domestic companies across three major categories - best domestic bank, best domestic equity house and best domestic debt house.

Asiamoney is one of the most influential financial magazines and a leading authority on finance, banking, investment and treasury in the Asia-Pacific.

HDFC Bank is one of India's premier banks providing a wide range of financial products and services to its 21 million customers across hundreds of Indian cities using multiple distribution channels including a pan- India network of branches, ATMs, phone banking, net banking and mobile banking.

Peers
Company Name CMP
HDFC Bank 719.35
ICICI Bank 1305.50
Axis Bank 1214.00
Kotak Mahindra Bank 419.80
Indusind Bank 880.00
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