HDFC Bank signs on as for Rajasthan Royals
Participating in this sponsorship deal:
About Sponsor:
HDFC Bank Limited is an Indian financial services company that was incorporated in August 1994. HDFC Bank is the fourth largest bank in India by assets and the second largest bank by market capitalization as of February 24, 2012. The bank was promoted by the Housing Development Finance Corporation, a premier housing finance company of India. HDFC Bank has 1,986 branches and over 5,471 ATMs, in 996 cities in India, and all branches of the bank are linked on an online real-time basis. As of 30 September 2008 the bank had total assets of Rs.1006.82 billion. For the fiscal year 2010-11, the bank has reported net profit of 3,926.30 crore , up 33.1% from the previous fiscal. Total annual earnings of the bank increased by 20.37% reaching at 24,263.4 crore in 2010-11. HDFC Bank is one of the Big Four banks of India, along with: State Bank of India, ICICI Bank and Punjab National Bank.
About Property:
Rajasthan Royals is an Indian Premier League franchise based in the city of the Jaipur. It is currently captained by former Indian captain Rahul Dravid. They won the inaugural edition of the Indian Premier League under the captaincy of former Australian spin-legend Shane Warne. In 2010, they were terminated by the BCCI for a brief period for violations in terms of agreement but were allowed to play in the league soon after the Board lost the case in the Supreme Court.