Thu. May 2nd, 2024
  • HDFC Bank, a private lender in India, has opened a branch in Kavaratti Island of Lakshadweep.
  • With this, HDFC Bank has become the first private sector bank in India to have a branch in the Union Territory of Lakshadweep.
  • This branch aims to offer a wide range of services focusing on personal banking and digital banking. Also to upgrade the banking infrastructure in the Union Territory. It also includes customized digital solutions for retailers, including QR-based transactions.

HDFC Bank

  • HDFC Bank Limited offers banking and financial services to individuals and businesses across India, Bahrain, Hong Kong, and Dubai.
  • HDFC Bank Limited Company was established in 1994.
  • HDFC Bank Headquarters: Mumbai.

The company operates in three segments

  1. Wholesale banking
  2. Retail banking
  3. Treasury Services.

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