Ahmedabad: HDFC Bank, India’s largest private sector bank, through its CSR initiative Parivartan, has positively impacted 58.53 lakh lives in Gujarat till date, the bank announced today. HDFC Bank Parivartan has been present in Gujarat since 2017. The Bank’s Parivartan programme focuses on five key focus areas of Rural Development, Promotion of Education, Skill Development & Livelihood Enhancement, Healthcare & Hygiene, and Financial Literacy & Inclusion. Since 2017, the Ba...Read More

HDFC Bank, India’s leading private sector bank, today announced it is undertaking a system upgrade on July 13, 2024. The Bank is migrating its Core Banking System (CBS) onto a new engineered platform for its growing customer base of 9.3 crore individuals and businesses across the country. Tha Bank said this migration will allow the Bank to improve performance speed, expand its capacity to handle high traffic volume, boost reliability and scalability. With this upgrade, HDFC Bank will be one...Read More

Vadodara: Fire brigade officials sealed an HDFC bank branch located in the Midway Height building near Kala Ghoda Circle, Vadodara. The bank had resumed operations on Tuesday using a generator for electricity. This action comes just two days after the fire brigade team cut off the electricity supply due to a lack of proper fire safety measures. The fire brigade team inspected the Midway Height building on Sunday. During the inspection, they found that the building did not comply with fire saf...Read More

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

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

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

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

 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

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

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