HDFC Bank rises on launching banking solution service ‘SmartUp’ in Kolkata

HDFC Bank Ltd. | Bank - Private | BFSI | BSE: 500180 | NSE: HDFCBANK

16 May 2016 Evaluate

HDFC Bank is currently trading at Rs. 1152.40, up by 12.25 points or 1.07% from its previous closing of Rs. 1140.15 on the BSE.

The scrip opened at Rs. 1143.20 and has touched a high and low of Rs. 1153.25 and Rs. 1132.85 respectively. So far 21478 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 1151.00 on 12-May-2016 and a 52 week low of Rs. 928.80 on 29-Feb-2016.

Last one week high and low of the scrip stood at Rs. 1151.00 and Rs. 1110.05 respectively. The current market cap of the company is Rs. 290861.91 crore.

The promoters holding in the company stood at 21.49% while Institutions and Non-Institutions held 43.51% and 16.30% respectively.

HDFC Bank, the country’s second largest private sector bank has unveiled SmartUp, a first-of-its-kind dedicated solution for start-ups in Kolkata. The bank has launched this service in association with Nasscom, an IT and BPO industry body which is running the 10,000 Start-ups initiative.

SmartUp is tailored to meet all the requirements of a startup, offering banking and payment solutions, along with advisory and forex services. This initiative is part of a larger effort by the bank to create an ecosystem to nurture the spirit of innovation and enterprise in the startup space.

HDFC Bank is one of India’s premier banks providing a wide range of financial products and services to its 32 million customers across hundreds of Indian cities using multiple distribution channels including a pan-India network of branches, ATMs, phone banking, net banking and mobile banking. As of June 30, 2015, the bank had a distribution network with 4,101 branches and 11,962 ATMs.

HDFC Bank Share Price

770.65 -10.55 (-1.35%)

11-May-2026 13:24 View Price Chart

Peers

Company Name	CMP
HDFC Bank	770.65
ICICI Bank	1272.00
Axis Bank	1276.25
Kotak Mahindra Bank	384.75
Indusind Bank	925.60
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