MoneyWorks4Me

HDFC Bank planning to double rural reach

27 Sep 2021 Evaluate

HDFC Bank is planning to double its rural reach to two lakh villages, which will see it hire 2,500 people in the next six months. The bank also aims to double its presence in the next 18-24 months through a combination of branch network, business correspondence, business facilitators, CSC (common service centers) partners, virtual relationship management, and digital outreach platforms. After the expansion, the bank's reach will increase to a third of the villages in the country.

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
View more..