Tag Archives: HDFC Bank

HDFC Bank issues 3 lakh InstaCards in a year

Reported by | Updated: December 18, 2017

HDFC Bank has issued around 3 lakh InstaCards, its instant credit cards in a year of its launch by the bank. InstaCards are delivered to customers within an hour of applying for a credit card in quick and easy steps on internet banking. With these cards, customers can do online transactions on eCommerce websites immediately […]

HDFC Bank ties up with educational institutes

Reported by | Updated: October 3, 2017

 HDFC Bank will mentor and hand-hold fintech startups founded at IIT-Bombay, IIT-Roorkee and Centre for Innovation Incubation and Entrepreneurship (CIIE) at the IIM-Ahmedabad. The bank has entered into an agreement with these institutions for the purpose. It has plans to launch such partnerships with 50 institutes with the objective of identifying potential fintech ideas at […]

HDFC Bank introduces EasyEMI on debit cards

Reported by | Updated: September 18, 2017

HDFC Bank has launched EasyEMI on debit cards, a facility that enables its customers to make payments for items purchased using their debit cards. Offering its pre-approved loan facility to 8 million customers, the bank said the EasyEMI offer will enable customers to purchase products including consumer durables, consumer electronics, mobiles, furniture and medical equipment […]

Balasubramanian leaves HDFC Bank

Reported by | Updated: September 14, 2017

K. Balasubramanian, who joined HDFC Bank as group head for corporate banking, is leaving the bank to return to Citi Group in just about a year’s time. He is expected to hold a senior position in Citi as head of the corporate banking for South Asia. Balasubramanian had spent nearly 2 decades in Citi and […]

HDFC Bank is most valuable brand in India

Reported by | Updated: September 14, 2017

HDFC Bank continues to be India’s most valuable brand, according to BrandZ Top 50 Most Valuable Indian Brands 2017 by WPP and Kantar Millward Brown. This is for the fourth year in a row that the bank has retained the position. It has doubled its brand value since the ranking began in 2014 from $9.4 […]

HDFC Bank launches DigiPOS

Reported by | Updated: August 31, 2017

HDFC Bank has become the first bank in the country to launch DigiPOS, a POS machine that offers customers various digital payment options such as UPI, Bharat QR, SMS Pay and PayZapp, in addition to the facility to pay through debit / credit cards. The bank has some 4 lakh POS machines used by 3 […]

HDFC Bank workshop for Mumbai police

Reported by | Updated: August 21, 2017

HDFC Bank organized a training workshop for cyber-crime responses for Mumbai Police. The workshop was intended to update the skill sets of law enforcement authorities and enhance their ability to tackle economic offences in the banking space. This training is part of HDFC Bank’s Secure Banking Initiative, aimed at engaging with all its key stakeholders […]

HDFC Bank introduces new student card

Reported by | Updated: August 18, 2017

HDFC Bank has introduced HDFC Bank ISIC Student ForexPlus Card, which is specially designed for students travelling abroad for studies. Students can make all payments using the card during their studies abroad in a convenient and secure manner, the bank said. At present dollar, pound and Euro payments are possible through the card. The bank […]

HDFC Bank opens training center in Nagpur

Reported by | Updated: June 26, 2017

HDFC Bank has opened a training center for youth in Nagpur to provide career counselling and skills training to over 13,000 youth from Nagpur and Bhandara. The bank will also help over 3000 youth find relevant employment opportunities in retail, apparel and tourism and hospitality sectors. The initiative aims to make more youth job-ready by […]

HDFC Bank to hike fees for cash-based transactions

Reported by | Updated: February 6, 2017

HDFC Bank is reported to be moving to increase fees for carrying out cash-based transactions by its savings account holders. This is a move to discourage cash transactions, an official of the bank has been quoted in news reports. There will be steep increase on charges for certain cash transactions, the official said, adding the […]

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