5.15 (0.56%) In order to bring world-class banking services to the doorstep, HDFC Bank, the leading private sector lender, has inaugurated its first representative office in Abu Dhabi. A large number of non-resident Indians (NRIs) based in the city will be benefited by the services facilitation like opening of NRE accounts in India, remittance services, fixed deposits in India and other related banking services for India accounts.
Besides, this is the bank’s second representative office in the UAE, with the first situated in Dubai. The bank also operates a wholesale offshore branch in Bahrain that provides corporate, trade finance and advisory services to both corporate and ultra high-net worth individuals.
HDFC Bank is one of India's premier banks providing a wide range of financial products and services to its 21 million customers across hundreds of Indian cities using multiple distribution channels including a pan- India network of branches, ATMs, phone banking, net banking and mobile banking.