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HDFC Bank Limited is an Indian banking and financial services company, headquartered in Mumbai.It is India's largest private sector bank by assets and the world's tenth-largest bank by market capitalization as of May 2024 [9] [10]
Online banking, also known as internet banking, virtual banking, web banking or home banking, is a system that enables customers of a bank or other financial institution to conduct a range of financial transactions through the financial institution's website or mobile app. Since the early 2000s this has become the most common way that customers ...
Interoperability makes it possible for any aggregator to let a bank's customers pay online via net-banking. [12] [13] In order for net-banking and mobile banking payments to be interoperable, NPCI has started the integration process for five to six banks. In the last quarter of 2024 or the first quarter of 2025, the system will be put online.
Mobile banking is a service provided by a bank or other financial institution that allows its customers to conduct financial transactions remotely using a mobile device such as a smartphone or tablet. Unlike the related internet banking it uses software, usually called an app, provided by the financial institution for the purpose. Mobile ...
HDFC may refer to: Housing Development Finance Corporation, an Indian mortgage company; HDFC Bank, an Indian financial services company; HDFC Life, a joint venture of Housing Development Finance Corporation and Standard Life plc; HDFC Bank of Sri Lanka, a Sri Lankan specialised housing bank
The major steps to regulate banking included: The Reserve Bank of India, India's central banking authority, was established in April 1935, but was nationalized on 1 January 1949 under the terms of the Reserve Bank of India (Transfer to Public Ownership) Act, 1948 (RBI, 2005b). [31]
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