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HDFC Bank Limited is an Indian banking and financial services company headquartered in Mumbai, India. It operates across retail banking, wholesale banking, and rural banking segments. The company is recognized as India's largest private sector bank by assets and ranked as the world's tenth-largest bank by market capitalization as of May 2024. Its market capitalization stood at $145 billion in April 2024, making it the third-largest company listed on Indian stock exchanges. A notable development for HDFC Bank was its landmark merger with its parent company, HDFC Limited, effective July 1, 2023, which expanded its balance sheet and mortgage portfolio. The bank primarily serves the Indian market and is listed on Indian stock exchanges.