Active
This profile is actively maintainedActive
This profile is actively maintainedWebsite | http://hdfcbank.com |
Headquarters |
HDFC Bank House, Senapati Bapat Marg, Lower Parel
400013 Mumbai
India
|
CEO/chair |
Sashidhar Jagdishan Managing Director and CEO |
Supervisor | |
Ownership |
listed on Bombay Stock Exchange, Luxembourg Stock Exchange, National Stock Exchange of India & NYSE
HDFC Bank's complete shareholder structure can be accessed here. |
HDFC Bank is a large financial institution in India. It was incorporated in August 1994, after the Reserve Bank of India allowed establishing private sector banks. It is India’s largest housing finance company. The bank has three key business segments: wholesale banking, retail banking and treasury.
HDFC Bank's most important sustainability commitments can be found at the website sections listed below.
HDFC Bank is linked to a number of companies and projects that BankTrack considers controversial (so called Dodgy Deals), e.g. as a current or past financier or through an expression of interest. The profiles below provide more details on the nature of HDFC Bank's link to these deals.
HDFC Bank operates a grievance redressal mechanism, which can be accessed here.
This page evaluates HDFC Bank's responses to instances of alleged human rights violations linked to its finance, raised by civil society organisations. It is not intended to be exhaustive, but covers selected impacts raised by BankTrack and other civil society partners since 2016. For the full scoring methodology, see here. For more information about BankTrack's evaluation of bank responses to human rights impacts, see the 2021 report "Actions speak louder: assessing bank responses to human rights violations".
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Banks and Human Rights
BankTrack assessed HDFC Bank in its 2022 Human Rights Benchmark Asia, where it achieved 1 point out of 14 and was ranked as a 'laggard'. More information is detailed in the "Accountability" section of this profile.