HDFC Bank is conducting a nationwide drive under the campaign – ‘Purani Gaadi, Nayi Shuruaat’. This one-week campaign that started on August 7, 2023, is aimed at extending advances for the purchase of used commercial vehicles and used construction equipment to transporters and contractors.
In May 2023, HDFC Bank launched a programme for Bharat, to onboard 1 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 raised US$ 3.04 billion (Rs. 25,000 crore) 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 March 2023, HDFC Bank announced that it would be launching its revamped mobile and internet banking platforms, besides a “better version” of its payments application — PayZapp.
In March 2023, HDFC is said to be in the process of selling up to Rs. 1,000 crore (US$ 121.7 million) real estate loans involving two projects before its proposed merger with HDFC Bank.
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