After 25 years, Aditya Puri said goodbye to HDFC Bank! This is how the country’s number 1 bank was established
Earlier in the day, HDFC Bank’s rival bank ICICI Bank publicly tweeted in Puri’s honour, calling him a source of inspiration. ICICI Bank wrote on its official Twitter handle, ICICI Bank expresses its gratitude to Aditya Puri for his contribution to the Indian banking industry. The bank said, “During your tenure spanning several decades, you have been an inspiration to many people.” We wish you a bright future.
This is how HDFC Bank was made a world class bank
Aditya Puri told that when this bank was established 25 years ago, many of our colleagues were children. There were many middle class people who wore Bata shoes. There were many friends who were working in good positions in foreign companies. He said that at that time all the friends had only one desire in their mind that a world class bank should be established in our country too. He said, ‘I remember very well that when I was building the team for the bank at Sandoz House, I used to tell people to come and join the Best Bank of the World.
Aditya Puri said that there were a lot of challenges in the initial days. Due to lack of money, we went to Kamla Mills and opened our office. He used to return home after working during the day and when he reached office the next morning, the computers and machines were not working because rats had gnawed the cables. He said that initially our training used to take place under the trees. But thank God that we kept moving forward with the decision taken, and today we have reached here.
This is how HDFC Bank started-Aditya Puri had established the private sector HDFC Bank in India in the 90s. He had come from Malaysia after leaving a good job in Citibank. In nearly two decades, Puri took the bank forward and made it the bank with the lowest NPA while keeping it profitable.
Became the highest paid banker of the country-HDFC Bank MD and CEO Aditya Puri is the highest paid banker in India. In the last financial year, Aditya Puri’s salary and other benefits increased by 38 percent to Rs 18.92 crore. Apart from this, according to the annual report of the bank, in the last financial year Aditya Puri got additional Rs 161.56 crore by exercising share options.
Deepak Parekh gave me complete freedom to brand HDFC Bank-While talking to CNBC-TV18, Puri said that the bank has inherited the best brand in financial services under HDFC. Puri said that I had already told Deepak that I want to work independently. I want to create an organization. Therefore, I will come only when I have free rein to work here. There will be no restrictions of any kind. Because working with free hands will be fun only. If you have faith in your vision then only you can move forward with the vision.
Aditya Puri further said that Deepak Parekh also came on the board, but he never interfered in our work. Puri said that HDFC Bank has built its brand on trust, security and transparency along with state-of-the-art technology.
Aditya Puri said that there is a change in the leadership of any company, people also move here and there, but our bank already has a strong and better team. He said that even though he was the face of the brand, all decisions were taken in consultation with the team.
There is complete planning for our work here. Everyone in the team knows about that plan. We have a strong team. We take better care of our employees.
Puri said that I was the first person to say that there will be no cut in the bonuses, promotions, and any other facilities provided to the employees. For this year also, I want to assure that we will not see any such cuts. And we will achieve all the targets of this year. Puri further said that his dream is that HDFC Bank should become the largest bank in the country.
