City
Epaper

HDFC Bank opens 563 new branches in January-March 2022 quarter

By ANI | Updated: April 16, 2022 20:00 IST

HDFC Bank, India's largest private sector lender, on Saturday said it opened 563 new branches and added 7,167 employees during January-March 2022 quarter.

Open in App

HDFC Bank, India's largest private sector lender, on Saturday said it opened 563 new branches and added 7,167 employees during January-March 2022 quarter.

For the whole financial year 2021-22, HDFC Bank added 734 new branches and 21,486 employees.

As of March 31, 2022, HDFC Bank's distribution network stood at 6,342 branches and 18,130 ATMs / Cash Deposit and Withdrawal Machines (CDMs) across 3,188 cities and towns as against 5,608 branches and 16,087 ATMs/CDMs across 2,902 cities and towns as of March 31, 2021.

HDFC Bank said in a statement that 50 per cent of its branches were in semi-urban and rural areas.

In addition, we have 15,341 business correspondents, which are primarily manned by Common Service Centres (CSC), HDFC Bank said.

The bank's total number of employees increased to 141,579 as of March 2022 as against 120,093 as of March 31, 2021.

( With inputs from ANI )

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Tags: Withdrawal machinesHdfc BankHousing development finance corporationHdfc bank ltdHdfc bank debitBank ltdHdfc bank credit and debit cardsSecurities private limitedHousing financeLending and housing financeDeposit insurance credit guarantee corporation
Open in App

Related Stories

NationalHDFC Bank Employee Dies of Cardiac Arrest During Client Meeting Prep; Wife Blames Work Pressure

NationalAfter EY Employee's Death in Pune, HDFC Bank Staff Member in Lucknow Dies Due to Work Pressure

BusinessHDFC UPI Down: HDFC Bank Announces UPI Service Outage for System Maintenance on August 4

NationalCredit Card Rules Changed by SBI, HDFC, and Other Banks From July 1: What You Should Know Before Use

BusinessHDFC Bank Becomes First Private Bank To Open Branch In Lakshadweep

Business Realted Stories

BusinessSolid monetary frameworks helped emerging markets navigate recent crises: Gita Gopinath

BusinessPiyush Goyal lashes out at Big Pharma for evergreening patents

BusinessSEBI joins DigiLocker to reduce unclaimed assets, protect nominees’ interests

BusinessOver 170 million lifted above poverty line in India, Modi government and Congress claim credit

BusinessIndia, as fastest growing economy, is ideal investment destination: RBI Governor