HDFC Bank's Private Banking Group (PBG) has been ranked No. 1 by industry peers in the High Net Worth clients’ category in Euromoney’s Private Banking and Wealth Management Survey, 2018. This is the 9th time in the last 10 years that HDFC Bank’s PBG has secured this recognition from Euromoney.

This survey is conducted amongst the Bank’s peers in the industry including private banks and wealth managers who identify the firms that they consider as their top competitors. This year, the recognition was decided on the basis of responses from over 2,300 survey participants.

''This is a moment of pride for all of us at HDFC Bank and is a result of unwavering customer focus which is our core value. This achievement is also a testament to our continued focus on understanding and addressing the needs of our customers. Our expertise is backed by indepth domain knowledge and technology, which helps our customers in both wealth creation and management,'' said Rakesh K. Singh, Group Head - Investment Banking, Private Banking, Capital Markets and Financial Institutions at HDFC Bank.

Shares of the bank declined Rs 16.95, or 0.92%, to trade at  Rs 1,835.00.  The total volume of shares traded  was  42,793 at the BSE (3.02 p.m., Wednesday).