HDFC Bank

HDFC Bank hosted a ‘Mega Auto Loan Mela’ at its branches throughout Punjab on June 12, 2024. This extensive loan initiative took place in more than 500 branches across the state, collaborating with top automobile brands and local dealerships, which was on-site to display their car models to customers.

In December 2023, HDFC Bank collaborated with Tata Motors to provide seamless digital financing for buses, trucks, and small commercial vehicles on online platforms.

In October 2023, HDFC Bank introduced XpressWay. It is a digital platform that provides financial services and products and lets users enjoy the quickest way to bank.

In August 2023, HDFC Bank inaugurates over 100 Banking Correspondent Centres across India.

In July 2023, HDFC Bank onboards over one lakh customers and 1.7 lakh merchants under CBDC pilot programme.

In July 2023, HDFC Bank Launches Gujarat Shopathon 2.0.

In May 2023, HDFC Bank launches programme for Bharat, to onboard one lakh customers.

In March 2023, HDFC Bank plans 675 branches in semi-urban, rural areas in the upcoming 14 months.

In February 2023, HDFC Bank has raised Rs. 25,000 crore (US$ 3.04 billion) in non-convertible debentures carrying a coupon of 7.97%.

In February 2023, HDFC Bank, and Lulu Exchange ink a deal to enhance cross-border payments between India-Gulf region. That will allow resident individuals of UAE to send money to any bank account in India via IMPS and NEFT through HDFC's digital banking channels.

In January 2023, HDFC Bank partnered with Microsoft as part of its digital transformation journey and unlocking business value by transforming the application portfolio, modernizing the data landscape and securing the enterprise with Microsoft Cloud.

In 2022, HDFC Bank Inks Pact With LEAF For Enabling Financial Access To Farmers. Following the MoU, HDFC Bank would work with LEAF Farmers Network in the operational areas under LEAF in Andhra Pradesh, Karnataka and Tamil Nadu.

The National Institute of Fashion Technology (NIFT) Srinagar has signed an MoU with HDFC Bank to avail the modern banking facilities and services for the students and the staff of the institute at Ompora Budgam

HDFC Bank has unveiled 100 new branches across India. The bank launched the branches in 83 cities/towns spread across 15 states and Union Territories.

In November 2022, HDFC banks plans to add over 100 plus branches in Kerala and create 1000 jobs.

In June 2022, HDFC bank signs a MoU with 100x to support start-ups.

In February 2022, HDFC bank finances Asia’s largest waster energy plant.

In December 2021, HDFC bank aims to increase its loan book by Rs. 13,000 crores (US$ 1.73 billion) in Uttar Pradesh.

In September 2021, HDFC bank aims to double the number of retail loans.

In September 2021, HDFC introduced gold loan desks in 24 branches across Uttarakhand to financially empower people.

In September 2021, HDFC Bank announced plan to double its rural reach to two lakh villages in the next two years and cater to more customers.

In September 2021, HDFC Bank collaborated with Paytm to introduce co-branded credit cards.

In September 2021, the bank signed an MoU with the National Small Industries Corporation (NSIC) to provide credit support to MSMEs.

In August 2021, HDFC Bank signed an MoU with i-Hub (Gujarat Student Start-up and Innovation Hub) to extend banking solutions to start-ups.

In July 2021, the bank partnered with CSC to introduce an overdraft scheme for small retailers.

In July 2021, the bank signed an MoU with ‘SASTRA’ (Security and Scientific Technical Research Association) to provide banking solutions to start-ups.

In April 2021, HDFC Bank unveiled organisational changes under ‘Project Future – Ready’ to power its next wave of growth. The bank is reorganising operations into three divisions: Business Verticals, Delivery Channels and Technology/Digital

In March 2021, HDFC Bank launched ‘SmartUp Unnati’, a programme targeting more than 3,000 women entrepreneurs

In November 2020, HDFC Bank launched ‘Mooh Band Rakho’, a campaign to increase awareness on cyber frauds and prevention.

In November 2020, HDFC Bank launched India’s first comprehensive banking and payment solution for merchants—SmartHub Merchant Solutions 3.0.

Launched video Know Your Customer (KYC) facility for its customer

Launched DigiDemat cum Trading facility

HDFC Bank signed MoU (memorandum of understanding) with Odisha government to boost start-ups in the state

HDFC Bank tied up with the CSC (Common Service Centre) SPV (Special Purpose Vehicle) to take          banking and financial services to doorways for people living in small areas of the country through its network of over 1 lakh village level entrepreneurs (VLEs), supported by HDFC Bank’s branches in 30 states

Launched Accelerator Engagement Programme (AEP) where HDFC Bank would partner with leading start-up accelerators from across the world to gain early access to over 30,000 fintech ideas and innovative solutions

Launched its new credit card offering called Infinia in direct competition with global credit card major, American Express (Amex). The new HDFC product is exclusively for the bank's high net worth and super rich clients in the country

HDFC Bank tied up with the International Bank of Qatar (IBQ) to launch banking services in Qatar

HDFC Bank launched India's first mobile payment solution

The bank opened its first branch in Aurangabad. HDFC Standard Life Insurance entered a MoU with Chennai-based Indian Bank

A new company called SESAMi.com (India) was formed through a strategic alliance between HDFC Bank and Singapore Telecom's E-commerce company SESAMi.com to offer E-commerce solutions for the Indian market

The bank was incorporated on August 30^th, 1994. A new private sector bank promoted by Housing Development Corporation Ltd. (HDFC), a premier housing finance company. The bank is the first of its kind to receive an in-principle approval from the RBI for establishment of a bank in the private sector. Certificate of Commencement of Business was received on October 10, 1994 from RBI