HDFC Bank Ltd.

BSE: 500180 | NSE: HDFCBANK
Large Cap | Bank - Private
926.85
10.60 (1.16%)
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HDFC Bank rises on launching a new mobile application for instant money transfers

Date: 18-03-2015

HDFC Bank is currently trading at Rs. 1064.90, up by 7.15 points or 0.68% from its previous closing of Rs. 1057.75 on the BSE.

The scrip opened at Rs. 1059.00 and has touched a high and low of Rs. 1067.25 and Rs. 1053.90 respectively. So far 32009 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 1105.00 on 04-Mar-2015 and a 52 week low of Rs. 707.50 on 17-Apr-2014.

Last one week high and low of the scrip stood at Rs. 1067.25 and Rs. 1035.05 respectively. The current market cap of the company is Rs. 266125.65 crore.

The promoters holding in the company stood at 22.47% while Institutions and Non-Institutions held 43.77% and 16.93% respectively.

HDFC Bank, the second-largest private sector bank in India, has launched Chillr, a mobile app that allows users to instantly transfer money to any contact in their phonebook. It is a first-of-its kind application that is linked directly to customers’ bank accounts. The bank has partnered with MobME, a Kochi-based technology firm, to launch this app.

With this new application, the bank’s customers can transfer money to any person in India once they download the app and register. The application works on the Android and iOS operating systems and will soon be launched for the Windows phone as well.

HDFC Bank is one of India’s premier banks providing a wide range of financial products and services to its 28.9 million customers. The bank offers all services under one roof right from savings account, current account, demat account, auto loans and agriculture loans.