MoneyWorks4Me

HDFC Bank enters into partnership with ministry of electronics and IT

05 Jul 2018 Evaluate

HDFC Bank has entered into partnership with the ministry of electronics and IT to turn close to 3 lakh common service centers (CSCs) or digital kiosks into banking correspondents for the bank.

Under the partnership, the village level entreprenuers (VLE) of the CSC will work as Banking Correspondent of HDFC Bank and support the Government initiative to promote financial inclusion and make banking services more accessible in rural areas.

HDFC Bank is one of India’s premier banks providing a wide range of financial products and services using multiple distribution channels including a pan-India network of branches, ATMs, phone banking, net banking and mobile banking.

Peers
Company Name CMP
HDFC Bank 717.00
ICICI Bank 1352.00
Axis Bank 1220.35
Kotak Mahindra Bank 409.60
Indusind Bank 957.60
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