Treasury

The bank has three main product areas - Foreign Exchange and Derivatives, Local Currency Money Market &Debt Securities, and Equities. These services are provided through the bank's Treasury team. To comply withstatutory reserve requirements, the bank is required to hold 25% of its deposits in government securities. TheTreasury business is responsible for managing the returns and market risk on this investment portfolio.[1][19]

As of 30 September 2013, HDFC Bank has 3,251 branches and 11,177 ATMs, in 2,022 cities in India, and allbranches of the bank are linked on an online real-time basis.[24] The Bank has overseas branch operations inBahrain and Hong Kong.[2][11]

HDFC Bank has two subsidiaries:

HDB Financial Services Limited (HDBFS): HDBFS is engaged in retail asset financing. It is a non-deposittaking non-bank finance company (NBFC). Apart from lending to individuals, the company grants loans tomicro, small and medium business enterprises. It also runs call centers for collection services to the HDFCBanks retail loan products. HDFC Bank holds 97.4% shares in HDBFS. As of March 31, 2013, HDBFS has 230branches in 184 cities. During the FY 2012-13, HDBFS had turnover of INR 9.6 billion and profit after tax ofINR 1 billion.[2] It has 6,404 employees as of 31 March 2013.[25]

HDFC Securities Limited (HSL): HSL is engaged in stock broking. As of March 31, 2013, HDBFS has 194branches across 150 cities. HDFC Bank has 62.1% shareholding in HSL. During the FY 2012-13, HSL hadturnover of INR 2.3 billion and profit after tax of INR 668 million.[2] During the year, the Company received theBest e-Brokerage Award - 2012 in the Outlook Money Awards in the runner up category.[26]

The equity shares of HDFC Bank are listed on the Bombay Stock Exchange,[27] where it is a constituent of theBSE SENSEX index,[28] and the National Stock Exchange of India,[29] where it is a constituent of the CNXNifty.[30] Its American Depositary Shares are listed on the NYSE.[2] Its Global Depository Receipts (GDRs) arelisted on the Luxembourg Stock Exchange where 2 GDRs represent one underlying equity share of HDFCBank.[2]

Shareholding: On 30 September 2013, the promoter group Housing Development Finance Corporation held22.72% of its equity shares. 33.61% of the shares were owned by the Foreign Institutional Investors (FII).Around 428,000 individual public shareholders own approx. 8.43% of its shares. The remaining 35.24% sharesare owned by others.[31]

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