HDFC Bank News
10/09/2024 – HDFC Bank Gig Workers News
HDFC Bank Gig Workers News – HDFC Bank launched saving account service, insurane service and business cards for gig workers India’s largest private bank has started savings account service, insurance service and business cards service for gig workers.
The gig economy includes many types of professionals from software developers and management consultants to employees, delivery partners and caretakers.
Let’s take a brief overview of what is special in this:-
Giga saving account
You can choose to maintain quarterly balance for this account or choose a plan like recurring income or fixed deposit. (Note- minimum balance for cities 10,000/- and village area 5,000 Rs.).
Giga business debit card
In this scheme, whatever money you spend from this card, you will get the same cashback and along with that you will also get a personal accident death cover insurance plan of up to 10 lakhs for free.
Giga business credit card
By using giga business credit card, you get interest-free money for 55 days to spend on your work. By making the deposit within 55 days, you will not have to pay any interest.
Health insurance
GIGA HDFC Ergo provides you health insurance in this, for which you have to pay only 20 rupees daily, which will be deducted from your account.
Retail asset products
This product includes many types of financial products for you such as:-
Business loan
Loan to fulfill any type of business requirement.
Car loan
100% funding of the on-road value of the car.
2-wheeler loan
In this you will get a loan ranging from Rs 26,000 to 50 lakhs.
Gold loan
This can also be used for loan in exchange of gold.
Flexible investment loan
HDFC AMC provides easily available loan to freelancers for investing.
Smarthub trade
A digital payment solution with instant boarding for home collections.
Digital payment solution
Payneer and Razorpay partner to manage local and international freelancing payments. You can make and receive payments in 11 types of currencies and it is valid in 190 countries.
HDFC Bank Festival Offer News – HDFC Bank’s offers will not be available on iPad this festival because the partnership has broken
HDFC Bank Apple News – The partnership between HDFC Bank and Apple has gone bad because Apple has recently made a deal with Axis Bank and ICICI Bank for EMI offers and cashback. In such a situation, now HDFC Bank will not give any offer on purchasing Apple products. This partnership has broken after 5 years and it is difficult to say what will happen in the future.
HDFC Bank is reviewing investment and earning in partnership. HDFC Bank says that our deal has been going very well for 5 years and now we are taking a break from it for some time and are seeing how much we have spent in it and what we have earned in the last 5 years. Only after knowing all this, we will see what to do next in this. Apple’s partnerships with other banks make this deal end.
It is written on Apple’s website that it is providing EMI and cashback facilities on Axis Bank, American Express, and ICICI Bank credit cards. Apple has signed contracts with many banks, in such a situation it became necessary for HDFC Bank to consider a partnership with Apple. The bank is ready for the festival season on its own, we are sure that our deposits and credit growth will increase further.
…………….
HDFC Bank Loan Portfolio News
HDFC Bank Loan Portfolio News – HDFC Bank is selling its loan portfolio of Rs 10,000 crore, know what is the plan of the bank. Under this plan, HDFC bank is continuously negotiating with AMC, ICICI Prudential, SBI Funds Management, and Nippon life India asset management limited.
What is the plan of HDFC Bank?
HDFC Bank wants to control its retail loans a bit, the reason behind doing so is the pressure put on HDFC by the Reserve Bank to reduce it. And if this deal is successful then HDFC Bank can significantly improve its credit ratio.
What is the credit ratio of HDFC Bank?
HDFC bank’s credit ratio at the end of March was 104% which has been more than 85%*88% in the last 3 financial years. The bank sold a loan portfolio of 5,000 crores to an unknown buyer in June.
HDFC Bank’s focus is now on increasing deposits
Some time ago, Indian Finance Minister Smt. Sitaraman ji and RBI governor Sh. Shahsikant Das ji has asked the bank to work on ways to increase its deposits. RBI has warned the banks that they should fix the liquidity issues and work on giving attractive savings.
………….
HDFC Bank Shares Block Deal News
HDFC Bank Share Block Deal News – HDFC Bank has a block deal of 4.70 crore shares worth Rs 6,997 crore. All these deals can be seen on 30 August 2024.
- FII DII Data – Daily Update
- Nifty 50 Stocks List
- Nifty Today Trend | Bank Nifty Today Trend | BSE Sensex Today Trend
- Thanks for visiting Nifty 50
