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HDFC Bank surges on partnering with CSC to launch EMI Collection service for business correspondents

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

29 Jan 2021 Evaluate

HDFC Bank is currently trading at Rs. 1388.20, up by 18.00 points or 1.31% from its previous closing of Rs. 1370.20 on the BSE.

The scrip opened at Rs. 1394.45 and has touched a high and low of Rs. 1396.00 and Rs. 1364.65 respectively. So far 174152 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 1511.00 on 19-Jan-2021 and a 52 week low of Rs. 738.90 on 24-Mar-2020.

Last one week high and low of the scrip stood at Rs. 1480.70 and Rs. 1342.00 respectively. The current market cap of the company is Rs. 764648.47 crore.

The promoters holding in the company stood at 26.00%, while Institutions and Non-Institutions held 61.06% and 12.95% respectively.

HDFC Bank and CSC e-Governance Services India - a Special Purpose Vehicle (CSC SPV) under the Ministry of Electronics & IT (MeitY) - have jointly declared the EMI Collection Services for CSC-HDFC Bank’s Business Correspondents across the country.

This will make payments convenient for customers, who can now visit their nearest CSC, to deposit overdues. The CSC-HDFC Bank Correspondent or Village Level Entrepreneur (VLE) will match the loan account with the customers’ registered phone number to cross check the amount payable on the system. The VLE will then provide a receipt for the amount collected and deposit the amount in the prescribed form to bank.

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.

HDFC Bank Share Price

795.40 -4.50 (-0.56%)

20-Apr-2026 16:59 View Price Chart

Peers

Company Name	CMP
HDFC Bank	795.40
ICICI Bank	1356.00
Axis Bank	1353.65
Kotak Mahindra Bank	379.20
Indusind Bank	852.10
View more..

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HDFC Bank surges on partnering with CSC to launch EMI Collection service for business correspondents

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