HDFC Bank Opens Branch in Kavaratti Island, Lakshadweep
| Aspect | Details |
|---|---|
| Event | HDFC Bank opened a branch in Kavaratti Island, Lakshadweep. |
| Significance | First private sector bank in Lakshadweep. |
| Services Offered | Personal banking, digital banking solutions, QR-based transactions for retailers. |
| Expansion Stats | Branches: 8,091; ATMs: 20,688; Cities/Towns: 3,872 (as of 31 Dec 2023). |
| Rural & Semi-urban Focus | 52% branches in semi-urban and rural areas. |
| HDFC Bank CEO | Sashidhar Jagdishan (since 27 Oct 2020). |
| Founded | August 1994, Mumbai. |
| Headquarters | Mumbai. |