HDFC becomes first private bank to open branch in Lakshadweep

Daily Current Affairs / HDFC becomes first private bank to open branch in Lakshadweep

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Category : Business and economics Published on: April 15 2024

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HDFC Bank becomes the first private sector bank to establish a branch in Lakshadweep, setting a milestone in banking accessibility for the Union Territory.
The branch at Kavaratti Island will offer a comprehensive range of services, including personal banking and digital solutions tailored to the needs of the local population.
With a distribution network spanning over 8,000 branches and 20,000 ATMs across numerous cities, HDFC Bank aims to serve the financial needs of individuals, families, and businesses in Lakshadweep while contributing to the overall development of the island.