HDFC Bank Current Affairs - 2020

Sashidhar Jagdishan is the new CEO of HDFC Bank

Now its officially confirmed Reserve Bank of India has given green signal to the appointment of Sashidhar Jagdishan as the chief executive and managing director of HDFC Bank. Sashidhar Jagdishan who has been working with the HDFC bank since 1996 as the “change agent” will succeed Aditya Puri.  About the Ex-CEO and MD Aditya Puri Read More…

HDFC Bank becomes third Indian company to cross $100 bn M-cap

HDFC Bank Ltd has crossed the $100 billion market capitalization (M-Cap) in intraday trading, thus becoming only the third company in India to achieve this milestone. However, it closed below $100 billion mark at $99.5 billion. HDFC is one of India’s largest private-sector lenders. Key Highlights HDFC is now in league of Reliance Industries Ltd Read More…

Branches of Vijaya, Dena Bank to operate as outlets of Bank of Baroda

The Reserve Bank of India (RBI) has stated that all branches of public sector lenders Vijaya Bank and Dena Bank will function as branches of Bank of Baroda (BoB) from April 1, 2019, and the proposed merger Bank of Baroda with Dena and Vijaya Bank will be affected from April 1. Plan of Merger As Read More…

SBI, ICICI, HDFC Bank to remain D-SIBs

The Reserve Bank of India (RBI) has announced that SBI, ICICI and HDFC Banks would continue as Domestic Systemically Important Banks (D-SIBs) for 2018. D-SIBs The recognition as Domestic Systemically Important Banks (D-SIBs) implies that banks are too big to fail. This creates an expectation of government support for them in times of financial distress. Read More…

HDFC Bank launches interactive humanoid IRA 2.0 in Bengaluru

HDFC Bank has launched Interactive Robotic Assistant (IRA) 2.0, an interactive humanoid at its Koramangala Branch in Bengaluru, Karnataka. The interactive humanoid aims to enhance user experience for customers visiting in this branch. IRA 2.0 HDFC Bank has developed IRA 2.0 in collaboration with its technology partners Invento Makerspaces and Senseforth Technologies.  IRA 2.0 is Read More…