HDFC Bank Limited The Bank is a private sector bank with its headquarters in India. The Bank offers a variety of banking services, including transactional and branch banking for regular customers as well as commercial and investment banking for wholesale customers. The Bank's Treasury division principally comprises of net interest income from its investment portfolio, borrowing and lending on the money market, gains or losses on investment operations, and transactions in foreign exchange and derivative contracts. Through the bank's branch network and other channels, the retail banking segment provides services to consumers. The wholesale banking segment offers loans, non-fund facilities, and transaction services to large corporations, emerging corporations, public sector entities, governmental agencies, financial institutions, and medium-sized businesses.

The RBI gave Housing Development Finance Corporation (HDFC) in-principle clearance to establish HDFC Bank Limited, a private-sector bank, in August 1994. In January 1995, a banking licence was obtained. First corporate office and branch opened; IPO received a 55-time oversubscription featured on the BSE and NSE. Collaborated with Visa International to launch the country's first international debit card. launched real-time NetBanking online as the first step in its digital journey.

 First-ever "mega-merger" in the Indian banking sector: Times Bank and HDFC Bank amalgamated. foreign listing on the New York Stock Exchange, became the first private bank with permission to collect taxes.IRA Interactive Robotic Assistant was introduced, making it the first bank in India to use a humanoid for customer support. EVA chatbot, the first AI-based chatbot to offer customer support, was unveiled. According to BrandZ Report, India's most valuable brand was ranked for a seventh consecutive year, launch of the HDFC Bank Millennium card family HDFC Bank and HDFC Ltd. announce the first-ever change in leadership and a revolutionary merger.

FINANCIAL INFORMATION

Source: Company financial Report

For the second quarter and the six months ended September 30, 2022, HDFC Bank Limited published financial results. The company posted a net income of INR 111,252.1 million for the second quarter, up from INR 90,961.9 million in the same period last year. Basic earnings per share from continuing operations were INR 20.01 as opposed to INR 16.44 a year earlier. Comparatively to INR 16.32 a year ago, diluted earnings per share from continuing operations were INR 19.93. Net income for the six months increased from INR 170,182.8 million to INR 207,043.2 million. Basic earnings per share from ongoing activities increased from INR 30.8 to INR 37.27. Diluted earnings per share from continuing operations were INR 37.12 as opposed to INR 30.58 a year earlier.

SHAREHOLDING COMPARE (% Holding)

Source: Company financial Report

COMPARE VALUATIONS WITH PEERS

Source: Company financial Report

Source: Company financial Report

1. Holdings of the Promoter have dropped by -0.09%. 
2. The Promoters' shareholding has, however, remained the same.
3. Promoters' committed shares remain the same.

In FY 2021–2022 the Indian economy grew and output levels surpassed those prior to the pandemic. According to the Central Statistical Organization, GDP increased by 8.7% as opposed to declining by 6.6% in FY 2020–21. The strongest support was provided by an increase in investment, which was boosted by government capital spending, some recovery in private capital spending, and robust export growth.