HDFC Bank is one of India's premier banks, providing a wide range of financial products and services to its 25 million* customers across hundreds of Indian cities using multiple distribution channels, including a pan-India network of branches, ATMs, phone banking, net banking and mobile banking. Within a relatively short span of time, the bank has emerged as a leading player in retail banking, wholesale banking, and treasury operations, its three principal business segments.
The bank’s competitive strength clearly lies in the use of technology and the ability to deliver world-class service with rapid response time. Over the last 17 years, the bank has successfully gained market share in its target customer franchises while maintaining healthy profitability and asset quality. As of March 31, 2012, the Bank had a distribution network with 2, 544 branches and 8, 913 ATMs in 1, 399 localities.
Established by the Housing Development Finance Corporation in 1994, the bank offers deposit accounts, loans, credit cards, insurance, investments, and related services. HDFC Bank targets individual customers in the middle and upper-class, as well as trusts, small businesses, and not-for-profit organizations in the country.
Look it,Obama is a
Top down govmnt control operator.He has grown the govt by 20% in this term.No,he is not a socialist in its pure form but more like a stateist or something like it.Call it what you want,It's not a limited govt,free republic as intended in our founding.
#2.I have a very good understanding of finance and banking operations.
Collateralize debt obligations have been around since the early 90s ,but were only in the periphery,but when they repealed glass stegall,it opened up intermingling of the deposit side and investment side of finance as it relates to the formation of derivatives and this puts the deposit side at much greater risk as those deposits are collateral for the debt obligations at investment houses