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HDFC Bank Limited. 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 tenth-largest bank by market capitalization as of May 2024.
The Bank opened its first branch on D. N. Road, Mumbai, on 8 June 1995. In the year 2000, the bank was merged with the Indian private bank HDFC Bank. Business activities. The bank was a member of the Cirrus ATM network. It had four strategic business units: assets group, trade finance group, services group & syndication & advisory services group.
By market capitalization. Forbes maintains a list of top ten largest banks in the world, ranked by their market capitalization.The list was updated on May 2, 2024. Many of the largest banks in the world are part of larger bank holding companies. This structure allows them to offer various financial
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 ...
The Housing Development Finance Corporation Bank of Sri Lanka PLC, commonly abbreviated as HDFC Bank of Sri Lanka PLC, is a specialised housing bank in Sri Lanka. The bank commenced operations in 1984 as a building society. Through successive acts in the Parliament of Sri Lanka over the years, the bank transformed into a state-owned enterprise ...
2014 - RBI grants a banking license to IDFC Bank. 2017 - The bank IDFC Bank is the first in India to launch an Aadhaar-linked cashless merchant solution. 2018 - IDFC Bank merged with Capital First to create IDFC First Bank. 2020 - The bank announced that it has signed Amitabh Bachchan, as its first brand ambassador.
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.
The National Payments Corporation of India (NPCI) is an organization that operates retail payments and settlement systems in India.The organization is an initiative of the Reserve Bank of India (RBI) and the Indian Banks' Association (IBA) under the provisions of the Payment and Settlement Systems Act, 2007, for creating a robust payment and settlement infrastructure in India.
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