Enterprise Tech Ecosystem Series: HDFC Bank
Incorporated in 1994, HDFC Bank offers a range of banking services, including retail, commercial, and investment banking as well as treasury services. The company’s products include deposits; card products; loans; insurance for life, health, and non-life risks; and investment solutions such as mutual funds, bonds, equities and derivatives.
HDFC also provides services including cash management, corporate finance advice, customized banking solutions, project and structured finance, trade financing, foreign exchange, and payment and settlement services. The bank serves individual customers, non-resident Indians, SMEs, the government, the agriculture sector, and financial institutions and trusts. Headquartered in Mumbai, India, the bank has overseas branches in Bahrain, Hong Kong, and the UAE and representative offices in the UAE and Kenya.
This report provides insight into HDFC Bank's fintech activities, including its digital transformation strategies, its innovation programs, its technology initiatives, its estimated ICT budgets, and its major ICT contracts.
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