MoneyWorks4Me

HDFC Bank’s Nagaon Branch wins NABARD Award for best performance in microfinance

22 Jan 2021 Evaluate

HDFC Bank’s Nagaon Branch in Nagaon district has been adjudged the Best Performing Branch in Microfinance (Joint Liability Group (JLG) financing) in the state among private sector banks by the National Bank for Agriculture and Rural Development (NABARD).

NABARD has been at the forefront of promoting microfinance and through the award it recognizes the banks’ endeavour in formation of Self Help Groups (SHG) and Joint Liability Groups (JLG). HDFC Bank has been working with SHGs and JLGs through its Sustainable Livelihood Initiative (SLI) to contribute meaningfully to the lives of people living at the bottom of the pyramid.

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 705.00
ICICI Bank 1333.00
Axis Bank 1223.95
Kotak Mahindra Bank 416.30
Indusind Bank 882.30
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