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HDFC Bank Limited (also known as HDFC) is an Indian banking and financial services company headquartered in Mumbai. It is India's largest private sector bank by assets and the world's sixth-largest bank by market capitalization as of January 2024, following its takeover of parent company HDFC .
HDFC Securities is the stock-broking arm of India’s largest private-sector lender, HDFC Bank, and began operations in April 2000. It began as a joint venture between HDFC Bank Limited, HDFC Limited and Indocean eSecurities Holdings Limited. Along with its stock broking services, HDFC Securities is a distributor of financial products.
Total equity. ₹12,990 crore (US$1.6 billion) [2] (2023) Parent. HDFC Bank (50.39%) [3] Website. www .hdfclife .com. HDFC Life Insurance Company Limited ( d/b/a HDFC Life) [4] is a long-term life insurance provider headquartered in Mumbai, offering individual and group insurance services. The company was incorporated on 14 August 2000.
The Reserve Bank of India, India's central banking authority, was established in April 1935, but was nationalized on 1 January 1949 under the terms of the Reserve Bank of India (Transfer to Public Ownership) Act, 1948 (RBI, 2005b). [31] In 1949, the Banking Regulation Act was enacted, which empowered the Reserve Bank of India (RBI) to regulate ...
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v. t. e. Online banking, also known as internet banking, virtual banking, web banking or home banking, is a system that enables customers of a bank or other financial institution to conduct a range of financial transactions through the financial institution's website or mobile app. Since the early 2000s this has become the most common way that ...
Unified Payments Interface (UPI) Product type Instant inter-bank payment system Owner National Payments Corporation of India Produced by National Payments Corporation of India Country India Introduced 11 April 2016 ; 8 years ago (2016-04-11) Website NPCI Unified Payments Interface, commonly referred to as UPI, is an Indian instant payment system as well as protocol developed by the National ...
Banking. Mobile banking is a service provided by a bank or other financial institution that allows its customers to conduct financial transactions remotely using a mobile device such as a smartphone or tablet. Unlike the related internet banking it uses software, usually called an app, provided by the financial institution for the purpose.
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