HDFC Bank is one of India’s premier banks providing a wide range of financial products and services to its customers. It was promoted in 1995 by Housing Development Finance Corporation (HDFC).
Total number of employees working with the bank is 14878 as of March 31, 2006. The Bank focuses on training its employees on a continuing basis, both on the job and through training programs conducted by internal and external faculty. The Bank has consistently believed that broader employee ownership of its shares has a positive impact on its performance and employee motivation. The Bank’s employee stock option scheme therefore extends to all levels and so far covers around 59% of the employees.