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Is HDFC Bank a Scheduled Bank?
Yes, HDFC is a scheduled bank which is listed in the second schedule of the RBI Act.
History of HDFC bank?
The Housing Development Finance Corporation Limited (HDFC) was amongst the first to receive an 'in principle' approval from the Reserve Bank of India (RBI) to set up a bank in the private sector, as part of the RBI's liberalisation of the Indian Banking Industry in 1994. The bank was incorporated in August 1994 in the name of 'HDFC Bank Limited', with its registered office in Mumbai, India. HDFC Bank commenced operations as a Scheduled Commercial Bank in January 1995.
Definition of scheduled bank?
A Scheduled bank as per the Reserve Bank of India regulations is a bank that is authorized to provide banking services in India. Without RBI authorization no bank is supposed to provide banking services in India. Some Scheduled banks in India are: · State bank of india · icici bank · hdfc bank · punjab national bank · etc
What is exact meaning of scheduled bank?
A Scheduled Commercial Bank is a bank that is registered with the Reserve Bank of India and is authorized by the RBI to provide banking services. Without the approval from RBI a bank cannot provide banking services in India. There are many scheduled commercial banks in India. Some are: ICICI Bank, State Bank of India, HDFC Bank, Bank of Baroda etc
What are the advantages of HDFC bank?
hdfc is a pagla bank
When was HDFC Bank created?
HDFC Bank was created in 2004.
What is the population of HDFC Bank?
The population of HDFC Bank is 55,752.
When did hdfc bank started?
HDFC bank was started in august 1994
Mission or vision of hdfc bank?
what is the mission and vision of HDFC Bank?
What is the caption for HDFC bank?
"We understand your world" is the caption of HDFC bank.
Is HDFC international bank?
Actually Yes and No. Yes - If you are not an Indian and you have a HDFC bank branch in your country. Since HDFC bank has its roots in India, it is an international bank for you. No - If you are a resident Indian, who stays in India. HDFC Bank was begun in India and it is a local bank and not an international bank.
HDFC bank tagline?
The tag line for HDFC bank is "We understand your world."
