Who Is Sashi Jagdishan?

Why is HDFC stock falling?

MUMBAI: Shares of HDFC Bank fell by as much as 2.74% on Tuesday after it launched a probe into its auto lending practices following allegations against the conduct of a long-time executive who retired on March 31 this year..

How many shares does HDFC Bank have?

Share Holding Pattern (% of Shares Held)CATEGORY OF SHAREHOLDERTotal Number of SharesPercentage ShareHolding (%)Total Institutions1,21,58,05,05455.12Non-InstitutionBodies Corporate13,12,30,5815.97Individuals (upto Rs. 1 lakh)19,44,82,3348.8518 more rows

When did HDFC Bank started in India?

August 1994The bank was incorporated in August 1994 in the name of ‘HDFC Bank Limited’, with its registered office in Mumbai, India. HDFC Bank commenced operations as a Scheduled Commercial Bank in January 1995.

Who is the MD of HDFC Ltd?

Keki Mistry (Jan 1, 2010–)Housing Development Finance Corporation/CEO

Is HDFC Chinese bank?

China’s central bank sold some or all of its stake in India’s largest mortgage lender Housing Development Finance Corp Ltd (HDFC) in the June quarter, stock exchange filings show.

Is HDFC safe bank?

BS Banking Annual 2019: Indian banks safe, say SBI, HDFC Bank chiefs. The Indian banking system is safe and is focused to protect customers’ interests, according to the chiefs of the two largest banks in the country — State Bank of India (SBI) and HDFC Bank.

Which bank is best Icici or HDFC?

FinancialsEQUITY SHARE DATAHDFC BANK/ ICICI BANKHighRs237.4%LowRs260.3%Income per share (Unadj.)Rs169.3%15 more rows

Which is the most secure bank?

Methodology: Behind the RankingsRankCompany NameMoody’s1KfWAaa2Zuercher KantonalbankAaa3BNG BankAaa4Landwirtschaftliche RentenbankAaa38 more rows•Nov 8, 2019

Who is the MD and CEO of HDFC Bank?

Aditya Puri (Sep 1994–)HDFC Bank/CEOSashidhar Jagdishan has taken charge as managing director and chief executive officer of HDFC Bank, succeeding Aditya Puri, who retired on Monday after an illustrious career spanning 26 years.

Is HDFC a good buy?

Speaking on the immediate short-term time horizon on HDFC Bank share price; Rohit Singre, Senior Technical Research Analyst at LKP Securities said, “HDFC Bank has strong support at Rs 1,050 per stock levels and one can buy the HDFC Bank share at current levels for the target or Rs 1,150 in one month time horizon.”

Is it safe to keep money in Yes Bank?

Given the size of the bank, the government stepped in rather quickly and it is unlikely that a bank of the size of Yes Bank would be allowed to collapse. This makes the deposits of Yes Bank safe at least for a tenure of 1-2 years.

Is HDFC Bank private or government?

HDFC Bank Limited is an Indian banking and financial services company headquartered in Mumbai, Maharashtra. It has a base of 104,154 permanent employees as of 30 June 2019. HDFC Bank is India’s largest private sector bank by assets. It is the largest bank in India by market capitalisation as of March 2020.

Is HDFC Bank and HDFC Ltd same?

Housing Development Finance Corporation Limited (HDFC) is an Indian financial services company based in Mumbai, India. It is a major housing finance provider in India….Housing Development Finance Corporation.TypePublicWebsitewww.hdfc.com15 more rows

What happened to Axis Bank?

What happened with Axis Bank today is proof of why you can’t trust the markets in the short term. Axis Bank yesterday posted record losses and disappointing NPA numbers. Despite that, the stock closed at a 9% high. … Clearly someone short squeezed Axis which triggered to exit short positions and which drove the price up.

Where is the headquarters of HDFC Bank?

Mumbai, IndiaHDFC Bank/Headquarters

Which banks are not regulated by RBI?

Which bank is not regulated by RBI?a. State Bank of Sikkim.b. State Bank of Travancore.c. IDBI.d. Axis.State Bank of Sikkim is not regulated by Reserve Bank of India unlike other banks in India. State Bank of Sikkim is a state-owned banking institution headquartered at Gangtok, Sikkim, India.

Which bank is safest in India?

List of Best, Safe Banks in India1) HDFC Bank. If market confidence is a measure of the soundness of a Bank, then HDFC Bank takes the cake. … 2) State Bank of India. … 3) ICICI Bank. … 4) AXIS Bank. … 7) Kotak Mahindra Bank, IndusInd Bank.

Who is shashidhar Jagdishan?

Shashidhar Jagdishan is currently the Group Head and Change Agent of HDFC Bank. Often refered to as Sashi, he joined the Bank in the year 1996 as a Manager in the Finance function and later became Business Head- Finance in 1999. The soon to-be-head of HDFC Bank was appointed as Chief Financial Officer in the year 2008.

Who is the owner of HDFC Bank?

Housing Development Finance CorporationHDFC Bank/Parent organizations

Who is the No 1 bank in India?

HDFC Bank: HDFC Bank has been ranked India’s No. 1 Bank in forbes’ world’s Best bank report. It has 88,253 permanent employees as of 31 March 2018 and has a presence in Bahrain, Hong Kong and Dubai. HDFC Bank is India’s largest private sector lender by assets.

Is HDFC Bank in financial trouble?

HDFC Bank stands out in India’s struggling financial sector. Its gross bad loan ratio has held steady at around 1.4%, while rivals have been forced to caution by growing stress among once-reputed companies, developers and shadow lenders.

Is HDFC Bank under RBI?

On May 23, 2008, the amalgamation of Centurion Bank of Punjab with HDFC Bank was formally approved by Reserve Bank of India to complete the statutory and regulatory approval process.

Will Yes bank survive?

The percentage of gross non-performing assets (NPA) stood at 16.30 per cent of total against 17.30 per cent a quarter ago. … Net interest income (NII) plunged 9.70 per cent YoY to Rs 1,973 crore. Baliga thinks YES Bank is back on track, but the turnaround will take a bit more of time. “No fortunes will be made overnight.

Does China invest in India?

New Delhi: Chinese investments are deep-rooted in the Indian economy with $6.2 billion of Chinese money in the Indian economy in myriad sectors, including Indian startups, tech companies, smartphones and applications (apps).