- HDFC Bank Limited (also known as HDFC) is an Indian banking and financial services company headquartered in Mumbai. It is India’s largest private sector bank
- As of Q1 FY25, the Bank has a distribution network of 8,851 branches and 21,163 ATMs across 4,081 cities and towns compared to 6,342 branches and 18,130 ATMs as of FY22.
- The Bank is a leading issuer of debit cards with more than 5 Cr debit cards, the spend per card is 3x of the industry average.
- Company is having PE ratio 19 Book Value Ratio of 5X.
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