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IFC Extends US$500 Million to HDFC Bank to Ramp Up Microloans to Underserved Women Borrowers in India

18 May 2024 6:08 PM by Bhupendra Singh Chundawat

Udaipur : Women, especially microloan borrowers in semi-urban and rural areas, will have increased access to finance with IFC financing of up to US$500 million to HDFC Bank—the largest private sector bank in India—aiming to support lending for income generation purposes, fostering financial inclusion and socio-economic growth in the country. The Bank, with a long-standing history … Read more

HDFC Bank inaugurates 60 Banking Outlets pan-India, run by VLE’s across RBI notified Unbanked Rural Centers

20 Mar 2024 6:02 AM by Bhupendra Singh Chundawat

Udaipur : HDFC Bank, India’s largest private sector bank, today announced the inauguration of 60 Business Correspondent (BC) Banking Outlets across RBI notified unbanked rural centers (URCs) pan-India. These new outlets now increase HDFC Bank’s URC network presence to 5,020 outlets. Notably, 34% of the Bank’s BC Agent network now caters to providing formal financial products and … Read more

HDFC Bank Starts 2024 with Comprehensive Cyber Fraud Awareness Workshops in North India

24 Jan 2024 1:22 PM by Bhupendra Singh Chundawat

Udaipur : HDFC Bank as a part of its ongoing digital banking awareness drive, conducteda series of secure banking workshops in Delhi, Uttar Pradesh, Rajasthan, Punjab, Haryana, Himachal Pradesh, and Jammu & Kashmir. The Bank started 2024 by organizing over 900such workshops sensitizing over 28,000 citizenson safe digital banking practices. These workshops were aimed at … Read more

HDFC Bank Crosses Landmark Milestone of 2 Crore Credit Cards in Force

24 Jan 2024 9:03 AM by Bhupendra Singh Chundawat

Becomes the first Indian Bankto achieve thishistoric milestone Udaipur : HDFC Bank, India’s largest private sector bank, announced that it has achievedthe historical milestone of 2 crore Credit Cards in Force (CIF).With this, the Bank has become the first and currently the only Bank in the country to achieve this feat. HDFC Bank startedthe credit card … Read more

HDFC Bank falls despite reporting 36% rise in Q3 consolidated net profit

17 Jan 2024 1:21 PM by Bhupendra Singh Chundawat

HDFC Bank is currently trading at Rs. 1561.50, down by 117.45 points or 7.00% from its previous closing of Rs. 1678.95 on the BSE. The scrip opened at Rs. 1583.85 and has touched a high and low of Rs. 1596.00 and Rs. 1553.25 respectively. So far 1114913 shares were traded on the counter. The BSE … Read more

HDFC Bank launches SmartHub Vyapar for merchants

6 Oct 2022 8:54 PM by Bhupendra Singh Chundawat

One-stop merchant solution app for all banking and business solutions Udaipur : HDFC Bank, India’s largest private sector bank with dominant market leadership in merchant acquiring business, today announced the launch of SmartHub Vyapar Merchant app, a comprehensive payments and banking solution designed to fulfill the everyday business needs of merchants. The merchant app was showcased at … Read more