Who Is The Owner Of HDFC Bank?

Who is the promoter of HDFC Bank?

HDFC Bank Limited is an Indian banking and financial services company headquartered in Mumbai, Maharashtra….Listings and shareholding.Shareholders (as of 31 December 2015)ShareholdingPromoter group (HDFC)26.14%Foreign institutional investors (FII)20.4%7 more rows.

Is HDFC a foreign bank?

As the direct and indirect foreign holdings in ICICI Bank and HDFC are around 67% and 73% respectively, they will be not be treated as Indian institutions. As HDFC Ltd is no more an Indian institution, its holding of 23.7% in HDFC bank will also be treated as foreign holding.

Is HDFC Bank Safe?

BS Banking Annual 2019: Indian banks safe, say SBI, HDFC Bank chiefs. The Indian banking system is safe and is focused to protect customers’ interests, according to the chiefs of the two largest banks in the country — State Bank of India (SBI) and HDFC Bank.

Who is Sashi Jagdishan?

Fondly known as Sashi, Jagdishan has been a part of the HDFC Bank since 1996. He joined the bank as a manager in the finance division in 1996 and went on to become the finance head in 1999. … At HDFC Bank, Jagdishan currently holds the position of additional director and Head of Finance, HR.

Who is founder of HDFC Bank?

Hasmukhbhai ParekhHDFC Bank/Founders

Is HDFC Bank private or government?

HDFC Bank Ltd is one of India’s premier banks. Headquartered in Mumbai HDFC Bank is a new generation private sector bank providing a wide range of banking services covering commercial and investment banking on the wholesale side and transactional/branch banking on the retail side.

Who is the No 1 bank in India?

1 in India by Forbes; Surprise at No. 3; SBI not in top 10.

Is HDFC Bank in financial trouble?

All around HDFC Bank, India’s biggest lender by market value, the news seems to be bad and getting worse: economic growth is slowing, loan losses are rising and shadow banks are mired in crisis. … The company’s market value has surged by $21 billion over the past year, more than any other bank worldwide.

Who is the next MD of HDFC Bank?

Sashidhar JagdishanMUMBAI: The Reserve Bank of India has approved the appointment of Sashidhar Jagdishan as the next managing director of HDFC Bank, succeeding veteran Aditya Puri.

Who is Kaizad Bharucha?

Kaizad Bharucha serves as Executive Director of the Company. He holds a Bachelor of Commerce degree from University of Mumbai. He has been associated with the Bank since 1995. … Prior to joining the Bank, he worked in SBI Commercial and International Bank in various areas including Trade Finance and Corporate Banking.

Who is the CEO of HDFC Bank 2020?

Sashidhar JagdishanNEW DELHI: HDFC Bank on Monday informed bourses that Sashidhar Jagdishan will take charge as the Managing Director and Chief Executive Officer (CEO) of the bank with effect from October 27.

Is HDFC Chinese bank?

China’s central bank sold some or all of its stake in India’s largest mortgage lender Housing Development Finance Corp Ltd (HDFC) in the June quarter, stock exchange filings show.