Articles tagged under: HDFC

HDFC bank MSME loan book in Gujarat crosses Rs 15000 crore, sees a rise of 30%

November 07, 2019

Ahmedabad: Amid the general economic slowdown in the country, Leading Private Sector Bank HDFC today claimed that its MSME loan book in Gujarat, one the leading Industrial state, has crossed Rs 15000 mark and it has seen an increase of 30% Year on Year. Addressing a press conference here Country Head- Business Banking of the Bank, Sumant Rampal said that the gross NPA of the bank in MSME sector in Gujarat at 1.12% was also less than the national average of 1.3% in this regard. ...Read More

Now withdraw cash just by using OTP at HDFC Bank and ATM

July 02, 2019
Now withdraw cash just by using OTP at HDFC Bank and ATM

Gandhinagar: Now you can send or withdraw cash just using your mobile phone with the launch of cardless cash withdrawal by largest private sector bank of India HDFC Bank. The bank today through email conveyed launch of its new service to customers, according to which, cardless cash withdrawal will be possible 24X7 for instant cash. No charges or transaction fee would be applicable. Beneficiary need not hold an HDFC Bank account. Benefits Ability to withdraw cash without any Debit / C...Read More

HDFC Bank to add 25 new branches in Gujarat

June 18, 2019
HDFC Bank to add 25 new branches in Gujarat

Ahmedabad: HDFC Bank Ltd. today announced that it would open 25 more branches in Gujarat, taking its branch network to over 440 in the State. The Bank would open these branches by Dec 2019. This announcement was made by Debashis Senapati, Branch Banking Head - Gujarat, HDFC Bank at a press conference in Ahmedabad. Designated Branch Banking Head – Gujarat, Debashis is responsible for the bank’s large retail franchise in the state. As of March 31, 2019, the bank had a network of 415 bra...Read More

HDFC Bank launches Digital Innovation Summit in Gujarat

January 31, 2019
HDFC Bank launches Digital Innovation Summit in Gujarat

Ahmedabad: HDFC Bank today announced the launch of one-day Digital Innovation Summit in Gujarat for the first time. The summit is organised since 2016 in Delhi and Mumbai. This time, it is being organised in Gujarat. The Summit is a platform for start-ups to showcase their innovations aimed at powering the bank’s next phase of growth. Startups selected (generally in range of 3-5) after rigorous scrutiny and test processes are roped in by HDFC for offering particular solution. At the summit...Read More

HDFC Bank crosses 400 branch milestone in Gujarat

January 24, 2019
HDFC Bank crosses 400 branch milestone in Gujarat

Ahmedabad: With the launch of four new branches in Rajkot district of Gujarat, HDFC Bank today crossed an important milestone of 400 branches in the state. The four new branches are Metro branches located in Rajkot at Bhaktinagar Station Road, Indira Circle, Sadhu Vaswani Road, and Swaminarayan Chowk. At present, HDFC Bank has 406 branches and 1,166 ATMs in the state. HDFC Bank has rapidly expanded its branch network in Gujarat in the past 5 years as well as given a concerted push to its Digit...Read More

Online donation commences at Dakor Ranchhodraiji temple in partnership with HDFC Bank

November 15, 2018
Online donation commences at Dakor Ranchhodraiji temple in partnership with HDFC Bank

Dakor (Gujarat): HDFC Bank Ltd, has partnered with Shri Ranchhodraiji Maharaj Mandir Trust at Dakor to offer online donation facility to Ranchhodraiji temple’s devotees. Starting on November 14, devotees of Shri Ranchhodraiji temple at Dakor can donate online in a quick, convenient, and timely manner, using any debit card, credit card, or net banking facility anywhere, anytime. As part of the exclusive tie up with Shri Ranchhodraiji Maharaj Mandir Trust, HDFC Bank will provide its Electr...Read More

Banks waive merchant discount rate (MDR) for all debit cards till December 31

November 23, 2016

Mumbai: Leading banks, including ICICI Bank and HDFC Bank, have waived merchant discount rate (MDR) on debit cards till December 31 to facilitate payments by customers following government's move to do away with the charge levied on merchants. Country's largest private sector lender ICICI Bank announced waiving the MDR on debit card transactions at all merchants serviced by its merchant acquiring arm ICICI Merchant Services IMSL. It said the waiver would be effective till December 31. ...Read More

Demonetisation will help the economy in long run: Aditya Puri of HDFC Bank

November 23, 2016
Demonetisation will help the economy in long run: Aditya Puri of HDFC Bank

Mumbai: HDFC Bank managing director Aditya Puri today termed the demonetisation as a "necessity" which will benefit the economy in the long run by way of rate cuts, stopping counterfeiting and broadening the tax base. "We, at HDFC Bank, feel this is a laudable objective which will provide benefits to the economy and people in the long run," he said in a note to bank account holders. He said the demonetisation exercise announced by Prime Minister Narendra Modi on November 8 is a "necessity"...Read More

India never been in stronger position than today: Deepak Parekh

August 29, 2016
India never been in stronger position than today: Deepak Parekh

Mumbai: HDFC Chairman Deepak Parekh today said the country's economy is in a "stronger position" and demonstrating an immense growth potential with a strong leadership at the helm bringing in key reforms. "India has never been in a stronger position than today from a macro-economic perspective. The country is demonstrating an immense growth potential helped by a strong leadership at the helm, driving key policy changes," Parekh said at a risk summit organised by CII. He noted that with t...Read More

HDFC Bank net profit surges 20%, bad loans edge up too

July 21, 2016
HDFC Bank net profit surges 20%, bad loans edge up too

Mumbai: Second largest private sector lender HDFC Bank today reported a 20.2 per cent growth in net profit to Rs 3,239 crore for the three months to June on the back of a healthy rise in core net-interest income, even as the asset quality marginally worsened. The Aditya Puri-led bank, known for retail lending focus that has been helping it grow much higher than the industry and maintain industry-best asset quality for long, has also begun to face challenges its peers have been suffering. W...Read More

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