The bank's segments include treasury, retail banking, wholesale banking and other banking business. Engineer have been senior employees of the Bank since 1994 and have held various positions of responsibility. The above appointments as Executive Directors of the Bank are subject to approval of Reserve Bank of India and of the Bank's shareholders.
The bank now has a total network of 2,000 branches spread across 1,000 cities. You are here: Initiatives like personal loans in 10 seconds, loans at automated teller machines ATMs , and missed call services for mobile phone recharge have helped it position itself as a digital bank.
Brand India Industry Banking India. Launched Accelerator Engagement Programme AEP , where HDFC Bank will partner with leading start-up accelerators from across the world to gain early access to over 30,000 fintech ideas and innovative solutions.
Aditya Puri: On Sept.
A new private sector bank promoted by Housing Development Corporation Ltd. ET NOW.
The picture is even worse at public sector banks PSBs: This focus on retail also helped it steer clear of the sticky infrastructure, power, or construction sectors that hit most other banks. The bank is the first of its kind to receive an in-principle approval from the RBI for establishment of a bank in the private sector.
HDFC , a premier housing finance company. The treasury segment primarily consists of net interest earnings from the Bank's investment portfolio, money market borrowing and lending, gains or losses on investment operations and on account of trading in foreign exchange and derivative contracts.
SBI, its closest competitor in the segment, has only 4. This hub housed in 35,000 square feet of space, houses data of all the branches and facilitates the introduction of new products and services.
A new private sector Bank promoted by housing Development Corporation Ltd. The Bank also has a network of about over 3382 networked ATMs across these cities. HDFC Bank is among the small clutch of lenders who have come out relatively unscathed. Never miss a great news story!