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Indian banking and financial services company
HDFC Bank Limited is an Indian banking and financial services company headquartered in Mumbai. Incorporated in August 1994, it officially commenced operations in January 1995 upon receiving its banking license from Reserve Bank of India. It is India's largest private sector bank by assets and market capitalisation. In 2025, HDFC became the 10th largest bank in the world by market capitalisation.
More on Wikipedia ↗HDFC Bank shares ended sharply lower on Monday, reversing an early rally as investors appeared to pare their initial positive reaction to clarity on the bank's leadership transition and a strong Q2 business update.The stock had opened 1.67% higher at Rs 733.25 but quickly reversed gains and slipped…
HDFC Bank shares have significantly underperformed peers over the last few years. The stock price has declined by 25 per cent in the past one year and 8 per cent in the past five years.
Analysts believe the appointment should help restore investor and customer confidence in HDFC Bank, given that Anup Bagchi is a banking veteran with experience across diverse responsibilities within the ICICI Bank group.