Tag Archives: Private Sector Banks

HDFC Bank Leads the Market for More Than 13 Years

India’s premier private sector banks and money lender, HDFC Bank has been leading the national market in India for more than 54 weeks now. It is more than 13 years in a row. It is certainly a big achievement of the bank that shows its strong hold in the Indian market. The bank has been maintaining a steady growth rate of more than 30 percent over the years.

HDFC

As per the quarterly report issued by the bank for the last quarter ended on March 31, 2013, the Bank recorded a growth rate of 30.1 percent in the net profits. Revealing the statistics to the press, the bank analysts claimed to maintain this rate of growth with a fairly positive chance of bettering it even further. The HDFC Bank works with a solid planning that takes it closer to the market where the scope of business is wider than the other aspects.

The strategists working for the Bank are focusing towards the retail market and other such areas where it can put more customers under its flagship. However, the Bank targets the corporate market and has a very strong hold over the capital that is involved in the business through different corporate companies.

The bank comes up with innovative plans and policies that are highly beneficial for its customers. Moreover, it works with a full dedication to bring the best banking services to its customers. The NRI facilities from HDFC Bank are really very good that attracts the NRIs towards the bank.