Topic: HDFC Bank
HDFC – first to issue electronic bank guarantee
The HDFC Bank, the largest private sector bank in India, became the first bank in the country to issue an Electronic Bank Guarantee (e-BG). Key facts The HDFC...
Merger of HDFC Limited and HDFC Bank
HDFC’s board of directors has approved the merger of HDFC Bank, India’s largest private sector bank with HDFC (Housing Development Finance Corporation), India’s largest housing finance firm. Overview:...
India Post Payments Bank and HDFC joined hands to offer home loans
India Post Payments Bank (IPPB) and HDFC bank has signed a memorandum of understanding (MoU) for offering home loans to about 4.7 crore customers of the payments bank. Key Facts IPPB, that leverages...
HDFC Bank, Mastercard, USAID commit $100-mn credit facility
HDFC Bank, Mastercard and USAID have committed $100-mn credit facility with the aim to expand lending to small businesses. Key Points New credit facility will help small businesses...
HDFC-NSIC pact to provide Credit Support to MSMEs
HDFC Bank has signed a Memorandum of Understanding (MoU) with National Small Industries Corporation (NSIC) to offer and strengthen credit support to MSMEs across India. Highlights Partnership with... HDFC Bank to turn carbon neutral by 2031-32
HDFC Bank has planned to become carbon neutral by 2031-32. Bank is now looking for reducing its emissions, energy, and water consumption. How HDFC will turn carbon neutral?...
HDFC Bank SmartUp Grants to 21 Social Sector Start Ups
The HDFC Bank recently announced the winners of the SmartUp Grants, 2021. This is the fourth edition of the SmartUp Grants of HDFC. Key Highlights Around twenty-one startups... HDFC Bank launches SmartUp Unnati programme
The HDFC Bank has launched the “SmartUp Unnati mentoring Programme”. This programme was launched to provide its support to the women entrepreneurs. About SmartUp Unnati mentoring Programme This... HDFC Bank launches Shaurya KGC Card
The largest private sector bank in the country, HDFC Bank, launched ‘Shaurya KGC (Kisan Gold Credit) Card, a loan product for the armed forces. This is the first-of-its-kind...
RBI approves Sashidhar Jagdishan as MD & CEO of HDFC Bank
The Reserve Bank of India has finally given approval for the appointment of Sashidhar Jagdishan as the MD-CEO of the HDFC Bank and the news has been intimated...
HDFC Bank crosses USD 100 billion M-Cap
India’s largest by assets-private sector lender, HDFC Bank Limited becomes the third Indian Company to cross the USD 100 billion market capitalization (M-Cap). With this, HDFC Bank Ltd... 