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HDFC Bank planning to set up 200 branches in north-east region

14 Nov 2019 Evaluate

HDFC Bank is planning to increase its headcount by 50 percent to 6,000 employees in the north-east (NE) region in the next 2-3 years to meet the growing demand and cater to its network expansion plans. The Bank currently has 136 branches spread across the region and its plan is to take this number to 200 in the next 2-3 years. Out of 6,000, the bank will hire around 1,500 people in the next one year in Assam as the bank plans to increase the number of its branches from 72 to 100 in the state.

HDFC Bank is one of India’s premier banks providing a wide range of financial products and services 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 710.20
ICICI Bank 1341.60
Axis Bank 1248.50
Kotak Mahindra Bank 431.25
Indusind Bank 906.95
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