HDFC Bank Ltd.

HDFC Bank, the second largest private sector bank in India is reportedly planning to expand its presence in rural and semi urban areas in Punjab. For that the bank has decided to open 100 new branches in semi urban areas and unbanked villages in Punjab. The bank's aggressive rural penetration in Punjab has already far surpassed RBI's mandated norm that requires banks to open 25% branches in semi urban and rural areas. Further, the bank is targeting 84% branches in semi urban or rural areas by the end of September this year.

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.