MoneyWorks4Me

HDFC Bank chalks out expansion plans in Tamil Nadu

29 Jan 2020 Evaluate

HDFC Bank has chalked out expansion plans in Tamil Nadu, including adding 125 new branches, taking the total network to over 400 in two years. With the opening of new branches, the bank is expected to create around 1,500 new jobs in the State. 

The bank achieved business milestone of Rs 1.51 lakh crore with a market share of nine percent. The total business mix is Rs 89,000 crore advances and Rs 62,000 crore deposits.

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 717.00
ICICI Bank 1352.00
Axis Bank 1220.35
Kotak Mahindra Bank 409.60
Indusind Bank 957.60
View more..