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

BusinessStock Market News: Nifty Surges Past 25,900 on Diwali as Reliance Industries and HDFC Bank Lead the Rally

BusinessHDFC Bank Share Price Rise by 1.69% Ahead of Q2FY26 Results

BusinessHDFC Bank Shares Up 1% on 9% Loan Growth in Q2FY26; Citi Initiates ‘Buy’ Rating for Investors

Social Viral‘You Cannot Wash Your Hands’: NCIB Slams HDFC Bank for Denying Woman Telecaller Was Its Employee After Viral Abuse Audio

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

Business Realted Stories

BusinessIITF 2025: IT Ministry showcases India's inclusive AI initiatives

BusinessGujarat: How a small village in Amreli became fully solar-powered community

BusinessSECI and Andhra Pradesh finalise 1200 MWh battery energy storage system, 50 MW hybrid project

BusinessVenezuela expresses interest in attracting Indian investment in critical minerals

BusinessCelebrating the Commencement of 32 Years of Service: Prime Cooperative Bank Ltd. Marks Foundation Day