What is HDFC Bank?
'''HDFC Bank Limited''' (also known as '''HDB''') is an Indian banking and financial services company headquartered in [[Mumbai]]. It is India's largest private sector bank by assets and the world's [[List of largest banks#By market capitalization|fifth largest]] bank by [[market capitalisation]] {{As of|2023|8|lc=y}}, following its [[takeover]] of parent company [[Housing Development Finance Corporation|HDFC]].<ref>{{Cite web|url=http://www.livemint.com/Companies/zGj86RBk393NGlakNGPfAP/HDFC-Bank-most-valuable-brand-in-India.html|title=HDFC Bank most valuable brand in India: WPP study|date=10 September 2015|website=Livemint|access-date=7 January 2016|archive-date=28 November 2019|archive-url=https://web.archive.org/web/20191128145140/https://www.livemint.com/Companies/zGj86RBk393NGlakNGPfAP/HDFC-Bank-most-valuable-brand-in-India.html|url-status=live}}</ref><ref>{{Cite news |title=Bank Giant Bigger Than Morgan Stanley Arises From India Merger |work=[[Bloomberg News|Bloomberg]] |url=https://www.bloomberg.com/news/articles/2023-06-30/india-s-hdfc-vaults-into-ranks-of-world-s-most-valuable-banks}}</ref> It is the third largest company on Indian stock exchanges with a market capitalisation of $150 billion (as of 6 September 2023).<ref>{{Cite web|url=http://www.moneycontrol.com/stocks/marketinfo/marketcap/bse/banks-private-sector.html|title=Largest bank by Market capitalization|website=MoneyControl|access-date=1 October 2014|archive-date=6 June 2021|archive-url=https://web.archive.org/web/20210606043759/https://www.moneycontrol.com/stocks/marketinfo/marketcap/bse/banks-private-sector.html|url-status=live}}</ref> ==References== {{reflist}} {{Authority control}} {{asia-stub}} [[Category:Banks of India]] [[Category:Companies listed on the New York Stock Exchange]]