The headquarters of HDFC Bank are in Mumbai. As part of the Reserve Bank of India's (RBI) liberalization of the Indian Banking Industry in 1994, the Housing Development Finance Corporation (HDFC) was one of the first to get 'in principle' clearance to establish up a bank in the private sector. The HDFC Bank was established in August 1994 as 'HDFC Bank Limited,' with its headquarters in Mumbai, India. In January 1995, HDFC Bank started operation as a Listed Commercial Bank.
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