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Acquisition

HDFC Bank picks 1.5% stake in Grameen eStore for Rs10 cr

HDFC Bank has bought 1.5% stake in CSC Grameen e-Store for about Rs 10 crore, according to ETtech report. India’s largest private sector lender is looking at the platform to extend the reach of its products and services — especially the banking portfolio — in rural areas, top executives said. The Grameen e-Store, launched in […]

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News

HDFC Bank unveils “Project Future – Ready” for next growth phase, announces organisational changes

HDFC Bank, India’s largest private sector lender, unveiled organisational changes under “Project Future – Ready” to power its next wave of growth. The Bank is reorganising itself into three clear areas of Business Verticals, Delivery Channels and Technology / Digital to further build its execution muscle in all the three areas and be ready for […]

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Acquisition

HDFC Bank picks up minority stake in fintech startup smallcase

HDFC Bank, India’s largest private-sector bank, has picked up a minority stake in smallcase Technologies, a financial-technology startup focussed on capital markets and related infrastructure. Recently, the startup raised $14 million in its Series B funding round led by DSP Group.  In a statement, Bengaluru-based smallcase said the transaction is part of its Series B […]