HDFC Bank Ltd.

HDFC Bank, country’s second-largest private bank has opened a branch at Janipur. This is bank’s 5th branch in Jammu. The branch was inaugurated by political advisor to Chief Minister, Devinder Rana and Zubair Iqbal, Vice President, HDFC Bank.

The new branch will offer customers world-class banking services under one roof ranging from basic services such as savings account, fixed deposits, current account, mutual funds, insurance, two-wheeler loan, auto loan to sophisticated direct access banking channels such as ATM, phonebanking, netbanking and international credit and debit cards.

The bank has posted a net profit of Rs 1,429.66 crore for the third quarter ended December 31, 2011, up 31.42% from Rs 1,087.83 crore for the quarter ended December 31, 2010. Total income of the bank has increased by 35.62% from Rs 6,357.78 crore for the quarter ended December 31, 2010 to Rs 8,622.64 crore for the quarter ended December 31, 2011.