HDFC Current Affairs, GK & News

SEBI Advisory Committee on ESG-related Matters

The Securities and Exchange Board of India (SEBI) recently set up an advisory committee for advising on Environment, Social, and Governance (ESG) related matters in India’s securities market. Who will be the head of the advisory committee? The advisory committee on ESG-related matters will be headed by Navneet Munot, CEO of HDFC Mutual Fund. How ..

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RBI List of Scheduled Banks – Update

The Reserve Bank of India (RBI) recently included Airtel Payment Bank in the second schedule of RBI Act, 1934. And HDFC, ICICI and SBI are to remain as D – SIB. D – SIB is Domestic Systematically Important Banks. Criteria for a D – SIB The bank should belong to the category of CET 1. ..

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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 that are working in the social sector have been selected to receive the grants. The startups were selected through rigorous screening of three hundred applications received from ..

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Digital Payment Security Controls Direction

The RBI is to introduce digital payment security control directions for regulated entities to improve the security of digital payment channels and also to improve the consumer service. This announcement comes after the central bank temporarily barred the largest private bank, HDFC, from selling new credit cards or launching new digital banking initiatives due to ..

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Why did RBI direct HDFC bank to stop its Digital Launches?

The Reserve Bank of India recently asked the HDFC bank to temporarily stop all its launches under its Digital 2.0 programme. Why did RBI take action against HDFC bank? The RBI issued the order with regard to outrages against the bank. The order were issued with regard to incidents of outrages in mobile banking, internet ..

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IndiGo launches its first co-branded credit card

India’s leading airline IndiGo recently launched its first co-branded credit card named ‘Ka-Ching’ in collaboration with HDFC Bank and MasterCard. The card is available in basic and premium version. The card vouches several benefits such as lounge access, priority check-in at airports, discounted convenience fee and fuel charge waivers.

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