MoneyWorks4Me

HDFC Bank opens 563 new branches in Q4

18 Apr 2022 Evaluate

HDFC Bank has opened 563 new branches and added 7,167 employees during January-March 2022 quarter. For the whole financial year 2021-22, HDFC Bank added 734 new branches and 21,486 employees.

As of March 31, 2022, HDFC Bank's distribution network stood at 6,342 branches and 18,130 ATMs / Cash Deposit and Withdrawal Machines (CDMs) across 3,188 cities and towns as against 5,608 branches and 16,087 ATMs/CDMs across 2,902 cities and towns as of March 31, 2021.

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 705.00
ICICI Bank 1333.00
Axis Bank 1223.95
Kotak Mahindra Bank 416.30
Indusind Bank 882.30
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