In the financial year 2022 - 23, HDFC Bank led the Indian banking sector in branch expansion, adding a significant number of new branches to its network. This expansion was part of the bank's strategic initiative to enhance its presence, particularly in semi-urban and rural areas, aiming to provide comprehensive banking services across diverse regions. This aggressive branch expansion strategy positioned HDFC Bank ahead of other major banks in terms of new branch additions during that fiscal year.
Study Notes
Category
