The Reserve Bank of India (RBI) has published an order to HDFC Bank with respect to certain incidents of outages in the internet banking, mobile banking and payment utilities of the lender over the past 2 years, the private sector bank informed the stock exchanges.
HDFC Bank has inked an MoU with the Inventivepreneur Chamber of Commerce and Industries (ICCI) to assist SMEs and Startups.
Through this association, ICCI will engage, enroll and promote various Startups /SMEs /MSMEs to facilitate inter-alia financial and other facilities to/from HDFC Bank.
HDFC Bank has declared the release of “SmartHub Merchant Solutions 3.0” for Small and mid-size enterprises.
This solution allows merchants and self-employed professionals to instantly open a current account and begin accepting payments in-store, online, and on-the-go.
HDFC Bank has appointed Sashidhar Jagdishan as its new MD & CEO. The Managing Director and Chief Executive Officer of HDFC Bank, Aditya Puri has stepped down.
HDFC Life tied up with YES Bank to sell insurance policies. All the life insurance products of HDFC Life which includes solutions for protection, saving and investment, retirement and critical illness will be provided to the customers of Yes Bank.
HDFC Bank has launched a video KYC (Know Your Customer) facility for its customers. HDFC Bank video KYC facility will be rolled in a phased manner. It is a paperless, contactless, and recorded interaction between a Bank official and the customer.
HDFC Bank has partnered with Adobe to enhance the Digital Experiences of its Customers. The partnership is powered by Adobe Experience Cloud Solutions and will help HDFC Bank to deliver personalised digital experiences to customers.
HDFC Bank declared it will provide ZipDrive instant auto loans to customers in 1,000 cities all over India. ZipDrive is HDFC Bank’s instant auto loan disbursal product for clients with the pre-approved offers. The product will now be present in tier 2 and 3 cities all over India.