HDFC Bank Opens First All-Women Branch in North Kerala

Recent in News:

HDFC Bank opened an all-women branch in Kozhikode, north Kerala. It was inaugurated by the  Mayor of the city Corporation Beena Philip.  It is a step by HDFC Bank to advance gender and diversity initiatives.

Present Statistics of Gender in HDFC Bank

As of March 31, 2022, women made up 21.7% (21,486) of the workforce, according to the bank. By 2025, the private lender wants to raise it to 25%. Deals beyond a certain threshold require regulator approval, which keeps an eye on unethical business practises in the marketplace.

HDFC Bank Opens First All-Women Branch in North Kerala in Hindi

What are the various campaigns and news of HDFC Bank?

HDFC Bank launched a new campaign called “Vigil Aunty”. Vigil Aunty Campaign attempts to motivate citizens all around the nation to adopt secure banking practices.

HDFC bank’s “Mooh Band Rakho” campaign, which implores consumers to keep their banking information private

M1xchange (TReDs platform), a marketplace for discounting trade receivables, and HDFC Bank have partnered to provide small businesses’ access to financing.

According to Times of India report, HDFC Bank will be among the world’s top 10 most valuable banks after its merger with the parent, mortgage lender Housing Development Finance Corporation (HDFC).

As per Kantar Brandz, 2022 ‘Most Valuable Global Brands report’, 4 Indian companies namely, Tata Consultancy Service (TCS), HDFC Bank, Infosys and Life Insurance Corporation (LIC) were featured among the top 100 global biggest brands

HDFC Bank, a private sector bank, has inked an agreement with 100X.VC, a premier early-stage venture capital firm, to support start-ups

HDFC Bank, India’s largest private sector bank, announced the launch of a new range of co-branded credit cards with Retailio, aimed largely at chemists and pharmacies in the merchant market.

All about its merger with HDFC Ltd.

The reason of merger is that there is increase in restriction in the field of NBFC by the RBI, so its better to have single entity.

The Boards of Directors of HDFC Ltd. and HDFC Bank Ltd. approved a composite scheme for the amalgamation of HDFC Investments Ltd. and HDFC Holdings Ltd with and into HDFC Ltd; and HDFC Ltd with and into HDFC Bank, as well as their respective shareholders and creditors. As a result, when the scheme takes effect, public shareholders would control 100% of HDFC Bank, while existing HDFC Ltd. shareholders will own 41%.

Who is the MD and CEO of HDFC Bank?

Sashidhar Jagdishan

When it was founded and where its headquarters ?

1994, Mumbai

What is the tagline of HDFC Bank?

We Understand Your World

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