Stock Report

HDFC Bank increases distribution network YoY



Posted On : 2021-01-16 20:01:09( TIMEZONE : IST )

HDFC Bank increases distribution network YoY

As of December 31, 20201 HDFC Bank's distribution network was at 5,485 branches and 15,541 ATMs / Cash Deposit & Withdrawal Machines (CDMs) across 2,866 cities / towns as against 5,203 branches and 14,533 ATMs / CDMs across 2,787 cities / towns as of December 31, 2019. 50% of our branches are in semi-urban and rural areas. In addition, we have 13,675 business correspondents, which are primarily manned by Common Service Centres (CSC) as against 3,563 business correspondents as of December 31, 2019.

Number of employees were at 117,560 as of December 31, 2020 (as against 113,981 as of December 31, 2019).

Shares of HDFC Bank Ltd was last trading in BSE at Rs.1467.95 as compared to the previous close of Rs. 1468.05. The total number of shares traded during the day was 236472 in over 8195 trades.

The stock hit an intraday high of Rs. 1474 and intraday low of 1445.5. The net turnover during the day was Rs. 344803524.

Source : Equity Bulls

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