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HDFC Bank trades higher on the BSE

HDFC Bank is currently trading at Rs. 1248.25, up by 48.15 points or 4.01% from its previous closing of Rs. 1200.10 on the BSE.

The scrip opened at Rs. 1255.35 and has touched a high and low of Rs. 1285.00 and Rs. 1230.00 respectively. So far 277342 shares were traded on the counter.

The BSE group ‘A’ stock of face value Rs. 1 has touched a 52 week high of Rs. 1,285.00 on 23-Sept-2019 and a 52 week low of Rs. 942.20 on 31-Oct-2018.

Last one week high and low of the scrip stood at Rs. 1285.00 and Rs. 1084.40 respectively. The current market cap of the bank is Rs. 656546.37 crore.

The promoters holding in the bank stood at 26.25%, while Institutions and Non-Institutions held 55.72% and 18.05% respectively.

HDFC Bank has organised a Grameen Mega Loan Mahotsav at Chomu in the Jaipur district of Rajasthan. Akin to a financial services supermarket, the Loan Mahotsav provides customers from nearby villages access to the entire suite of the bank’s loan products at one location in a simple and easy manner.

Customers can avail tractor loans, auto loans, two-wheeler loans, agri loans, commercial vehicle loans, or open Current Accounts or Savings Accounts. Grameen Mega Loan Mahotsav is part of the bank’s larger plan to reach the most remote parts of the country. It aims to provide people in these rural locations access to banking products to fulfil their requirements.

HDFC Bank is one of India’s premier banks providing a wide range of financial products and services using multiple distribution channels including a pan-India network of branches, ATMs, phone banking, net banking and mobile banking.

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