HDFC Bank opens its 2000th branch

Company Brief

Chennai, April 27, 2011

HDFC Bank, India's second largest private sector bank, inaugurated its landmark 2000th branch at Mangaliya Sadak in Madhya Pradesh. Mr. Bharat Shah, Group Head, HDFC Bank inaugurated the branch.

Mangaliya Sadak is a village near Indore, and is a rich agricultural zone in the district.

The new branch will offer its customers world-class banking services under one roof ranging from basic services such as Savings Account, Fixed Deposits, Current Account, Mutual Funds, Insurance, Kisan Gold Card, Two-wheeler loan, Auto loan, Commercial Vehicles loan to sophisticated direct access banking channels such as ATM, PhoneBanking, NetBanking and International Credit and Debit Cards.

At the inauguration, Mr. Bharat Shah, Group Head, HDFC Bank said, "It's no coincidence that we are opening our 2000th branch in Mangaliya Sadak. It's the result of a clear management vision, a resolve to be the bank of choice for millions of Indians residing in the hinterland, 16 years of hard work and commitment, together with the faith our customers reposed in us. This is a milestone all of us are extremely proud of. We dedicate it to our customers and all those who believed in us throughout."

Mr. Navin Puri, Country Head, Branch Banking, HDFC Bank, from Mumbai said: "I am delighted to announce that we have opened our 2000th branch at Mangaliya Sadak, near Indore. Mangaliya Sadak is a rural branch and our presence in this little village further reiterates our commitment to make banking services accessible to the under-banked and rural areas in India. This indeed is a proud moment for all of us. We thank all our customers without whose support and continued faith in us we wouldn't have got to this major milestone."

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