--- title: "The private sector bank which has become the first Indian bank to cross Rs. 5 trillion in market capitalisation at Bombay Stock Exchange (BSE)?" description: "The private sector bank which has become the first Indian bank to cross Rs. 5 trillion in market capitalisation at Bombay Stock Exchange (BSE)?" author: "Bhavin Singh" published: 2018-03-11 canonical: https://answers.mindstick.com/qa/39602/the-private-sector-bank-which-has-become-the-first-indian-bank-to-cross-rs-5-trillion-in-market-capitalisation-at-bombay-stock-exchange-bse category: "general knowledge" tags: ["general knowledge"] reading_time: 3 minutes --- # The private sector bank which has become the first Indian bank to cross Rs. 5 trillion in market capitalisation at Bombay Stock Exchange (BSE)? The [private](https://www.mindstick.com/interview/75/a-constructor-can-be-private-true-or-false) [sector bank](https://answers.mindstick.com/qa/38480/which-bank-became-the-first-private-sector-bank-in-india-to-open-a-specialized-branch-for-start-ups-offering-a-bouquet-of-banking-products-to-service-the-end-to-end-needs-of-the-emerging-entrepreneurial-eco-system) which has become the first [Indian](https://www.mindstick.com/news/2471/wazirx-received-828-requests-from-indian-international-law-enforcement-agencies) bank to [cross](https://answers.mindstick.com/qa/111025/what-is-the-international-red-cross) Rs. 5 trillion in [market](https://www.mindstick.com/articles/329163/how-to-expand-your-business-in-global-markets) capitalisation at Bombay [Stock Exchange](https://www.mindstick.com/news/1451/stock-exchange-of-thailand-is-about-to-bring-crypto-related-service-soon) ([BSE](https://answers.mindstick.com/qa/30556/how-many-minimum-shares-i-can-buy-with-bse))?\ \ \ ## Answers ### Answer by Biswajeet Bhattacharya ![The private sector bank which has become the first Indian bank to cross Rs. 5 trillion in market capitalisation at Bombay Stock Exchange (BSE)?](https://answers.mindstick.com/questionanswer/78813e6a-9e4d-45be-88e1-f9f559651047/images/d112f9dd-0cbc-41e8-8703-520cab91fc9a.jpg) **HDFC Bank Limited** is a **financial services company**. HDFC is a **private sector bank** which has become the **first Indian bank** to cross **Rs 5 trillion** in **market capitalization** at **Bombay Stock Exchange (BSE)**. HDFC Bank thus becomes the **third Indian company** to achieve this milestone. ![The private sector bank which has become the first Indian bank to cross Rs. 5 trillion in market capitalisation at Bombay Stock Exchange (BSE)?](https://answers.mindstick.com/questionanswer/78813e6a-9e4d-45be-88e1-f9f559651047/images/ecfc6edd-28a2-4888-8081-ff6b47a6bc8b.jpg) The **headquarters** of HDFC Bank is at **Mumbai, Maharashtra**. HDFC Bank also has its presence in other countries as well. HDFC Bank is present in **Dubai, Hong Kong** and **Bahrain**. **Housing Development Finance Corporation (HDFC) Bank** was founded in the year **1994** in the month of **August**. The **Managing Director** of HDFC Bank is **Aditya Puri**. With **total assets** of **?863,840 crores (US$130 billion)** as of **2017**, HDFC Bank is India’s **largest** private [sector](https://yourviews.mindstick.com/view/81199/ray-of-hope-in-agriculture-sector-during-covid-19-pandemic) lender. As of **February 2016**, HDFC Bank is the largest bank in India by market capitalization. In the **Brandz Top 100 Most Valuable Global Brands**, HDFC Bank is ranked **69th** for the year **2016**. ![The private sector bank which has become the first Indian bank to cross Rs. 5 trillion in market capitalisation at Bombay Stock Exchange (BSE)?](https://answers.mindstick.com/questionanswer/78813e6a-9e4d-45be-88e1-f9f559651047/images/dd5971bf-a401-482b-814b-e59576de5cdc.jpg) Being in the financial services industry, HDFC Bank provides various **products** for its customers. The products offered by HDFC Bank are **personal loans, wholesale banking, retail banking, private banking, wealth management, private equity, investment banking, mortgage loans, finance and insurance, corporate banking, credit cards, consumer banking**. As of **2017**, the **total revenue** of HDFC Bank is **?81,602 crores (US$12 billion)**. As of **31st March 2018**, the total employees in HDFC bank is **88,253**. The **operating income** of HDFC Bank as of **2017** is **?25,732 crores (US$3.7 billion)**. The **net income** of HDFC Bank as of **2017** is **?14,550 crores (US$2.1 billion)**. As of **30th June 2017**, the distribution network of HDFC Bank lies at **4,715** branches and **12,260 ATMs** across **2,657** cities and towns in India. HDFC bank has issued more than **80 lacs** of credit cards and more than **230 lacs** of debit cards in the **FY 2017**. ![The private sector bank which has become the first Indian bank to cross Rs. 5 trillion in market capitalisation at Bombay Stock Exchange (BSE)?](https://answers.mindstick.com/questionanswer/78813e6a-9e4d-45be-88e1-f9f559651047/images/3ce56c89-3eb5-4bca-bcc0-7082db4a4602.jpg)\ --- Original Source: https://answers.mindstick.com/qa/39602/the-private-sector-bank-which-has-become-the-first-indian-bank-to-cross-rs-5-trillion-in-market-capitalisation-at-bombay-stock-exchange-bse Copyright © MindStick Software Pvt. Ltd. This Markdown version is provided for developers, AI systems, and offline reading.