For Quick Alerts
For Daily Alerts

HDFC Bank Recognized As The Best Bank In India By FinanceAsia


Global magazine FinanceAsia has recognized private lender HDFC Bank to be the Best Bank in India. The bank was acknowledged to lead Indian banks for "maintaining an impressive growth trajectory and strong asset quality" at the magazine's Country Awards for Achievement 2019.

HDFC Bank Recognized As The Best Bank In India By FinanceAsia

In a similar accolade, HDFC Bank featured in the BrandZ Top 100 Most Valuable Global Brands to be the highest-rated Indian brand.

On the bank, the magazine stated, "HDFC (Bank)'s proven ability to balance growth with adequate controls is one of the main reasons why investors continue to rate the bank in the face of an aggressive expansion strategy. For the bank is using its highly regarded digital platform as a springboard to accelerate customer acquisition and production penetration".

Also it added, "(HDFC Bank) is set to open more than double the 300 branches it rolled out during the 2019 financial year. Over the next few years, it also plans to expand its virtual relationship managers from 5.7 million to 20 million."

The magazine also highlighted that HDFC Bank has recently launched a 5 pillar programme to strengthen and double bank-level productivity, increase its presence in rural and sub-urban areas and accelerate digitization along with augmenting its payment leadership.

Read more about: hdfc bank
Story first published: Saturday, June 29, 2019, 11:26 [IST]
Company Search
Get Instant News Updates
Notification Settings X
Time Settings
Clear Notification X
Do you want to clear all the notifications from your inbox?
Settings X
We use cookies to ensure that we give you the best experience on our website. This includes cookies from third party social media websites and ad networks. Such third party cookies may track your use on Goodreturns sites for better rendering. Our partners use cookies to ensure we show you advertising that is relevant to you. If you continue without changing your settings, we'll assume that you are happy to receive all cookies on Goodreturns website. However, you can change your cookie settings at any time. Learn more