HDFC Becomes First Private Bank To Start Operations In Lakshadweep
By: Geetanjali
HDFC India’s largest private sector bank, inaugurated Lakshadweep’s first private sector bank at Kavaratti island on Wednesday, April 10, 2024.
Making it the alone private sector bank in the Union Territory.The branch was inaugurated in the presence of bank officials by Captain Lovekesh Thakur, serving commanding officer in the Indian Navy and a respected local figure K P Muthukoya, the statement said.
The newly inaugurated Kavaratti branch is aiming to upgrade banking infrastructure in Lakshadweep by offering various services which are being offered in the mainland like: digital banking, personal banking, customised digital solutions to the consumers like, UPI based services etc..
HDFC bank has its presence all over the Indian plateau from the northernmost peak to the southernmost end of India, having over 8,091 branches across 3,872 cities and towns in India.
Group Head- Retail Branch Banking, S Sampathkumar, HDFC Bank said, “This reaffirms our commitment to serving customers wherever they are in an extremely convenient fashion,”.
Adding to his statement he continued that, “We look forward to serving the financial needs of individuals, families, and businesses in Lakshadweep and becoming a trusted partner in their financial journey and contributing to the overall development of the island,”.
FAQ
Ques: When was HDFC Bank established?
Ans: HDFC Bank was established in 1994, and its headquarter is established in Mumbai, India.
Ques: Who is the CEO of HDFC Bank?
Ans: The current CEO of HDFC Bank Private Ltd. is Shashidhar Jagdishan.
Ques: What is the share price of HDFC Bank?
Ans: HDFC Bank Private Limited has a closing share price of 1,534/ share on April 11, 2024.
Ques: What is the full form of HDFC Bank?
Ans: HDFC stands for Housing Development Finance Corporation.
