Investments
38Portfolio Exits
2Funds
3Partners & Customers
10About HDFC Bank
HDFC Bank (NYSE: HDB) is a financial institution, providing a range of financial products and services throughout India using multiple distribution channels, including a pan-India network of branches, ATMs, phone banking, net banking, and mobile banking. HDFC's three principal business segments are retail banking, wholesale banking, and treasury operations. The company was founded in 1994 and is based in Mumbai, India.
HDFC Bank Headquarter Location
First Floor, C.S. No. 6/242 Senapati Bapat Marg, Lower Parel
Mumbai, 400 013,
India
HDFC Bank Web Traffic
HDFC Bank Rank
Research containing HDFC Bank
Get data-driven expert analysis from the CB Insights Intelligence Unit.
CB Insights Intelligence Analysts have mentioned HDFC Bank in 2 CB Insights research briefs, most recently on Sep 29, 2020.
Latest HDFC Bank News
May 27, 2022
Bulls vs Bears: Here's what to expect on Dalal Street today Sensex rose 503 points to 54,252 and Nifty gained 144 points to 16,170 in the previous session. Tata Steel SBI, HDFC Bank, and Axis Bank were among the top Sensex gainers, rising up to 5.27 percent. Updated May 27, 2022, 8:53 AM IST The Indian market snapped its three-session losing streak on May 26 in a highly volatile session. Sensex rose 503 points to 54,252 and Nifty gained 144 points to 16,170. Tata Steel SBI, HDFC Bank, and Axis Bank were among the top Sensex gainers, rising up to 5.27 percent. Sun Pharma, RIL, HUL, and L&T were the top Sensex losers, falling up to 1.16 percent. BSE mid-cap and small-cap indices gained 314 points and 194 points, respectively. Among BSE sectoral indices, banking and metal shares were the top gainers, with their indices rising 854 points and 574 points, respectively. The market breadth was positive with 1748 shares ending higher against 1552 stocks falling into the red. 129 shares were unchanged. Here's a look at what experts said about the outlook of the market in today's session. Deepak Jasani, Head of Retail Research, HDFC Securities said, "Rating agency Moody's Investors Service has lowered its growth forecast for India for the current calendar year by 30 basis points from 9.1 percent to 8.8 per cent. For the next year, the agency has retained its forecast of 5.4 percent. A move above 16263 could result in acceleration on the upside for the Nifty while the low of the day i.e. 15904 will be crucial to be protected." Mohit Nigam, Head - PMS, Hem Securities said, "We believe that market volatility may remain at elevated levels and investors should maintain a cautious stance. One can use these dips to start making new positions in fundamentally good stocks but in a staggered manner. We believe FED’s and RBI actions in June will be an important factor that may decide the direction of the market in the short term. Immediate support and resistance for Nifty are 16,000 and 16,400 respectively. Immediate support and resistance for Bank Nifty are 34,500 and 35,500, respectively." Shrikant Chouhan, Head of Equity Research (Retail), Kotak Securities said, "On daily charts, Nifty has formed a long leg Hammer formation which supports further uptrend from the current levels. For the trend following traders, 16,050-16,000 would act as a key support zone. Trading above the same, the index could rally up to 16300-16375. On the flip side, below 16000, uptrends would be vulnerable. Below which, bulls may prefer to exit out from the trading long positions. Below 16000, the index could retest the level of 15,900-15,850.” TAGS:
HDFC Bank Investments
38 Investments
HDFC Bank has made 38 investments. Their latest investment was in India Debt Resolution Company as part of their Corporate Minority on March 3, 2022.
HDFC Bank Investments Activity
Date | Round | Company | Amount | New? | Co-Investors | Sources |
---|---|---|---|---|---|---|
3/28/2022 | Corporate Minority | India Debt Resolution Company | $0.4M | Yes | 3 | |
9/30/2021 | Unattributed | Stockal | $1M | Yes | 2 | |
8/18/2021 | Series C | smallcase | $40M | No | 30 | |
7/27/2021 | Corporate Minority - II | |||||
6/28/2021 | Corporate Minority |
Date | 3/28/2022 | 9/30/2021 | 8/18/2021 | 7/27/2021 | 6/28/2021 |
---|---|---|---|---|---|
Round | Corporate Minority | Unattributed | Series C | Corporate Minority - II | Corporate Minority |
Company | India Debt Resolution Company | Stockal | smallcase | ||
Amount | $0.4M | $1M | $40M | ||
New? | Yes | Yes | No | ||
Co-Investors | |||||
Sources | 3 | 2 | 30 |
HDFC Bank Portfolio Exits
2 Portfolio Exits
HDFC Bank has 2 portfolio exits. Their latest portfolio exit was Suryoday Small Finance Bank on March 19, 2021.
Date | Exit | Companies | Valuation Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. | Acquirer | Sources |
---|---|---|---|---|---|
3/19/2021 | IPO | 1 | |||
Date | 3/19/2021 | |
---|---|---|
Exit | IPO | |
Companies | ||
Valuation | ||
Acquirer | ||
Sources | 1 |
HDFC Bank Acquisitions
1 Acquisition
HDFC Bank acquired 1 company. Their latest acquisition was HDFC on April 04, 2022.
Date | Investment Stage | Companies | Valuation Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. | Total Funding | Note | Sources |
---|---|---|---|---|---|---|
4/4/2022 | Other | Merger | 4 |
Date | 4/4/2022 |
---|---|
Investment Stage | Other |
Companies | |
Valuation | |
Total Funding | |
Note | Merger |
Sources | 4 |
HDFC Bank Fund History
3 Fund Histories
HDFC Bank has 3 funds, including HDFC Bank Startup Fund.
Closing Date | Fund | Fund Type | Status | Amount | Sources |
---|---|---|---|---|---|
11/6/2017 | HDFC Bank Startup Fund | $25M | 2 | ||
HDFC Property Fund | |||||
HDFC Startup Fund |
Closing Date | 11/6/2017 | ||
---|---|---|---|
Fund | HDFC Bank Startup Fund | HDFC Property Fund | HDFC Startup Fund |
Fund Type | |||
Status | |||
Amount | $25M | ||
Sources | 2 |
HDFC Bank Partners & Customers
10 Partners and customers
HDFC Bank has 10 strategic partners and customers. HDFC Bank recently partnered with Ather Energy on March 3, 2022.
Date | Type | Business Partner | Country | News Snippet | Sources |
---|---|---|---|---|---|
3/24/2022 | Partner | India | Ather Energy partners HDFC Bank, IDFC First Bank to offer retail finance for its e-scooter `` We are confident that our partnership with HDFC Bank and IDFC First Bank banks will ensure ease of purchase for customers and will boost the confidence of EV enthusiasts to join the electric revolution , '' he said . | 1 | |
11/23/2021 | Partner | India | Equitas Bank ties up with HDFC Bank to offer co-branded credit cards This first-of-its-kind partnership for HDFC Bank will enable us to extend our best-in-class offerings in the cards segment to Equitas Small Finance Bank Limited 's customers and provide them with a highly rewarding credit card experience . | 1 | |
10/26/2021 | Partner | India | India Post Payments Bank teams up with HDFC for offering home loans India Post Payments Bank and HDFC has entered into a strategic alliance to offer home loans to nearly 4.7 crore customers of the payments bank . | 2 | |
10/22/2021 | Partner | ||||
10/21/2021 | Partner |
Date | 3/24/2022 | 11/23/2021 | 10/26/2021 | 10/22/2021 | 10/21/2021 |
---|---|---|---|---|---|
Type | Partner | Partner | Partner | Partner | Partner |
Business Partner | |||||
Country | India | India | India | ||
News Snippet | Ather Energy partners HDFC Bank, IDFC First Bank to offer retail finance for its e-scooter `` We are confident that our partnership with HDFC Bank and IDFC First Bank banks will ensure ease of purchase for customers and will boost the confidence of EV enthusiasts to join the electric revolution , '' he said . | Equitas Bank ties up with HDFC Bank to offer co-branded credit cards This first-of-its-kind partnership for HDFC Bank will enable us to extend our best-in-class offerings in the cards segment to Equitas Small Finance Bank Limited 's customers and provide them with a highly rewarding credit card experience . | India Post Payments Bank teams up with HDFC for offering home loans India Post Payments Bank and HDFC has entered into a strategic alliance to offer home loans to nearly 4.7 crore customers of the payments bank . | ||
Sources | 1 | 1 | 2 |
HDFC Bank Team
71 Team Members
HDFC Bank has 71 team members, including current Chief Executive Officer, Dnyanesh Khairnar.
Name | Work History | Title | Status |
---|---|---|---|
Dnyanesh Khairnar | Chief Executive Officer | Current | |
Nozer Morena | President | Current | |
Sunil Varma | Dhanlaxmi Bank, ICICI Bank, and Unilever | President | Current |
Srinivasan Vaidyanathan | Chief Financial Officer | Current | |
Ramesh Lakshminarayanan | CRISIL, Kotak Mahindra Bank, Citigroup, ABN AMRO Bank, and Citibank | Chief Information Officer | Current |
Name | Dnyanesh Khairnar | Nozer Morena | Sunil Varma | Srinivasan Vaidyanathan | Ramesh Lakshminarayanan |
---|---|---|---|---|---|
Work History | Dhanlaxmi Bank, ICICI Bank, and Unilever | CRISIL, Kotak Mahindra Bank, Citigroup, ABN AMRO Bank, and Citibank | |||
Title | Chief Executive Officer | President | President | Chief Financial Officer | Chief Information Officer |
Status | Current | Current | Current | Current | Current |
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