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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.
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EUR €1 = e₹90.22. INR ₹1 = e₹1.00. CNY ¥1 = e₹11.78. (16 November 2023) The Digital Rupee (e₹) [6] or eINR or E-Rupee is a tokenised digital version of the Indian Rupee, issued by the Reserve Bank of India (RBI) as a central bank digital currency (CBDC). [7] The Digital Rupee was proposed in January 2017 and launched on 1 December ...
Hasmukhbhai Parekh. Hasmukh Thakordas Parekh (10 March 1911 – 18 November 1994) was an Indian financial entrepreneur, writer and philanthropist. He played a role in the development of Industrial Credit & Investment Corporation of India, now ICICI Bank, founded the Housing Development Finance Corporation, and in 1992 was awarded the Padma ...
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 ...
Cheque Truncation System ( CTS) or Image-based Clearing System ( ICS ), in India, is a project of the Reserve Bank of India (RBI), commenced in 2010, for faster clearing of cheques. [1] CTS is based on a cheque truncation or online image-based cheque clearing system where cheque images and magnetic ink character recognition (MICR) data are ...
HDFC Securities Ltd is the stock broking and distribution arm of the HDFC Group. It is a corporate member of both the Bombay Stock Exchange (BSE) and the National Stock exchange (NSE). In 2019, it entered into a partnership with Stockal, a US-based financial platform and launched GlobalInvesting.in, which allows its customers to directly invest ...
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