Articles tagged under: HDFC

2 HDFC Bank group companies set to commence operations from GIFT City – IFSC

August 17, 2023
2 HDFC Bank group companies set to commence operations from GIFT City – IFSC

Gandhinagar: Two HDFC Bank group companies are all set to commence operations from GIFT City – IFSC in Gandhinagar, Gujarat. HDFC International Life and Re will offer U.S. Dollar-denominated life and health insurance solutions for Non-Resident Indians (NRIs) from GIFT City – IFSC under the brand name HDFC Life International, the parent company HDFC Life announced today. HDFC Life International will cater to NRIs and the global Indian diaspora, offering insurance solutions that are not limit...Read More

HDFC Bank opens doors to new recruits with a special recruitment programme

May 24, 2023
HDFC Bank opens doors to new recruits with a special recruitment programme

Ahmedabad: HDFC Bank has launched Future Bankers 2.0, a pan-India recruitment programme to transform young graduates into banking professionals. To be offered in association with the Manipal Global Academy of BFSI, Future Bankers 2.0 is a one-year professional diploma that aims to create a robust, future-ready talent pipeline for HDFC Bank’s retail banking business – a key thrust area for the bank. Future Bankers 2.0 offers an exciting mix of classroom sessions, guest lectures, group discus...Read More

HDFC Bank crosses 500th branch milestone in Gujarat

December 21, 2022
HDFC Bank crosses 500th branch milestone in Gujarat

Ahmedabad: HDFC Bank, India’s leading bank has inaugurated its 500th branch in the state.  The opening of the new branch at Sindhu Bhavan Road, Ahmedabad, Gujarat makes it the first private sector bank in the state to touch this landmark. The launch of this branch is in line with the bank's plans to increase its presence across Gujarat. It plans to improve its footprint across the metro, urban, semi-urban and rural locations in the state. About half its branches in the country, as well as ...Read More

HDFC Bank launches full value remittance for USD, EUR, GBP

June 09, 2022
HDFC Bank launches full value remittance for USD, EUR, GBP

Mumbai: HDFC Bank today launched full value outward remittance service in US Dollar (USD) Euro (EUR) and the Pound Sterling (GBP) for trade and retail customers. The first-of-its-kind “Full Value” feature ensures that when a customer sends money abroad, the full amount remitted will reach the overseas beneficiary, without any deductions of foreign bank charges. The Bank till date has supported Full Value remittance only for individual customers in USD denomination. In an industry-first, i...Read More

HDFC Bank MSME loan book in Gujarat crosses Rs. 28,000 crore

November 17, 2021
HDFC Bank MSME  loan book in Gujarat crosses Rs. 28,000 crore

 Mumbai: HDFC Bank in a statement said its MSME loan book in Gujarat has crossed the milestone of Rs. 28,000 crore.  The bank in its statement further said,  as of September 30, 2021, the bank’s Micro, Small, and Medium Enterprises book for Gujarat stands at Rs. 28,432 crore. The Bank’s MSME book in Gujarat has grown 31.51% in September 30, 2021 quarter Vis-à-vis September 30, 2020 quarter. HDFC Bank started offering advances to MSMEs in Gujarat in the year 2003. In the last 18 years in...Read More

HDFC Bank first Indian Bank to exclusively list USD 1 Billion AT1 dollar bonds in GIFT IFSC

August 27, 2021
HDFC Bank first Indian Bank to exclusively list USD 1 Billion AT1 dollar bonds in GIFT IFSC

Gandhinagar: In a first, HDFC Bank, India’s leading Private Bank, listed their 3.7% USD 1 Billion foreign currency AT1 bonds exclusively in GIFT IFSC Gujarat. GSM, the primary market platform of India INX, has evoked significant interest since its establishment in 2018 and has more than USD 55+ Bn medium term notes established and over USD 28+ Bn of bond listings till date. Commenting on the listing, Mr. V. Balasubramaniam, MD and CEO, INDIA INX said, “We take immense pride in welcoming H...Read More

HDFC Bank signs MoU with ‘SASTRA’ incubator of Gujarat based Raksha University

July 13, 2021
HDFC Bank signs MoU with ‘SASTRA’ incubator of Gujarat based Raksha University

Ahmedabad: HDFC Bank has signed an MoU with ‘SASTRA’ (Security and Scientific Technical Research Association), an incubator at Rashtriya Raksha University. Located in Gandhinagar, Gujarat, Rashtriya Raksha University is a national university focusing on internal security related areas. Started in the year 2020, ‘SASTRA’ incubates, mentors, and supports defence and security-sector start-ups. At present, 20 start-ups are incubated at ‘SASTRA.’ As part of the partnership, the b...Read More

HDFC Bank takes ‘Festive Treats 2.0’ to rural India 1.2 lakh VLEs

October 11, 2020
HDFC Bank takes ‘Festive Treats 2.0’ to rural India 1.2 lakh VLEs

Ahmedabad: HDFC Bank has reached out to semi-urban and rural areas with its ‘Festive Treats’, through the Government of India’s Common Service Centres (CSC)network starting from Friday. Through the network of 1.2lakh village level entrepreneurs (VLEs) enrolled with CSC, customers in these locations can avail of festive offers specifically created for them, such as special deals on all banking products from loans to bank accounts, that includes home loans, 2-wheeler loans, car loans, tr...Read More

HDFC Bank launches ‘Festive Treats’ 2.0 with 1000+ offers

September 30, 2020
HDFC Bank launches ‘Festive Treats’ 2.0 with 1000+ offers

Mumbai: HDFC Bank today launched ‘Festive Treats’ its annual financial services dhamaka. Customers can avail of special deals on all banking products from loans to bank accounts, with over 1000+ offers from leading players and over 2,000 hyper local offers through tie ups with local merchants across semi urban and rural locations. Offers will be available across the entire range of financial solutions for retail as well as business customers with discounts on processing fee on loans, redu...Read More

HDFC Bank launches Video KYC facility

September 17, 2020
HDFC Bank launches Video KYC facility

Mumbai: HDFC Bank today announced the launch of Video KYC (Know Your Customer) facility. After successful completion of the pilot project, HDFC Bank has deployed consent-based Video KYC facility as an alternate method of establishing the prospective customer’s identity, during the account opening process in a safe and secure environment. The video KYC facility is a result of an Agile Pods comprising teams from Branch Banking, Digital Banking and Retail assets working together. At HDFC Bank,...Read More