HDFC Bank adds 36 branches in Q1 FY2023

HDFC Bank Ltd has added 725 branches and 29,038 employees over the last twelve months and 36 branches and 10,932 employees during the quarter.

As of June 30, 2022, the Bank's distribution network was at 6,378 branches and 18,620 ATMs / Cash Deposit & Withdrawal Machines (CDMs) across 3,203 cities / towns as against 5,653 branches and 16,291 ATMs / CDMs across 2,917 cities / towns as of June 30, 2021. 50% of our branches are in semi-urban and rural areas. In addition, we have 15,618 business correspondents, which are primarily manned by Common Service Centres (CSC). Number of employees were at 152,511 as of June 30, 2022 (as against 123,473 as of June 30, 2021).

Shares of HDFC Bank Limited was last trading in BSE at Rs. 1363.85 as compared to the previous close of Rs. 1351.30. The total number of shares traded during the day was 248018 in over 11629 trades.

The stock hit an intraday high of Rs. 1365.25 and intraday low of 1346.65. The net turnover during the day was Rs. 337022508.00.

Source : Equity Bulls

Keywords

HDFCBank INE040A01034 HDB Employees Branches CSC ATMs CDMs