What is the Organisational structure of HDFC Bank?

What is the Organisational structure of HDFC Bank?

What is the Organisational structure of HDFC Bank?

Board Composition The Board of Directors comprises of five nominees from the shareholders; the Government of Maldives, HDFC Investments Ltd., (India), the Asian Development Bank and the International Finance Corporation.

What are the department in HDFC Bank?

The Bank has two subsidiary companies, namely HDFC Securities Ltd and HDB Financial Services Ltd. The Bank has three primary business segments, namely banking, wholesale banking and treasury. The retail banking segment serves retail customers through a branch network and other delivery channels.

What is organizational structure PDF?

Organizational structure is a way or method by which organizational activities are divided, organized and coordinated. The organizations created the structures to coordinate the activities of work factors and control the member performance. Organizational structure is shown in organizational chart.

Who owns HDFC group?

Housing Development Finance Corporation
HDFC Bank/Parent organizations

What is the work of HDFC Bank?

HDFC Bank provides a number of products and services including wholesale banking, retail banking, treasury, auto loans, two-wheeler loans, personal loans, loans against property, consumer durable loan, lifestyle loan and credit cards. Along with this various digital products are Payzapp and SmartBUY.

Which account is best for HDFC?

Benefits / Product SavingsMax Account (Our Premium Product) Women’s Savings Account
Payable-at-par Chequebook Yes Yes
Average Monthly Balance (AMB) Rs 25,000 Rs 10,000 ( Urban/Metro) Rs 5,000 ( Semi-urban/Rural branches)
Non-maintenance charges Click here to know more Click here to know more

What are different departments in a bank?

While different banks may have different divisions, these are often the main divisions offered:

  • Retail Banking.
  • Corporate/Commercial Banking.
  • Global Banking.
  • Private Banking.
  • Investment Banking.

What is the company structure of HDFC Bank?

Company Structure HDFC Plc. was privatized under Public Private Partnership between GOM and foreign investments in 51% shares by IFC, ADB and HDFC Investments Ltd of India. Board Composition

Who are the Board of directors of HDFC?

Each of the shareholders is represented by one Nominee Director with the exception of the Government of Maldives which has two Nominee Directors in the Board.

Are there 7 different types of current account in HDFC Bank?

HDFC Bank gives 7 different types of current account and also gives flexibility of banking anytime, anywhere and allows them to save more money while doing business across the country.