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HDFC Bank gets RBI’s nod to set up step-down subsidiary for offering broking, clearing services

The Reserve Bank of India (RBI) has conveyed its approval to Hdfc Bank for setting up a step-down subsidiary through HDFC Securities (the Bank’s subsidiary), for offering broking and clearing services in International Financial Services Centre (IFSC) at GIFT City, on the terms as prescribed by the RBI.

hdfc bank ranked indias no 1 brand for 7th consecutive year

HDFC Bank is one of India’s premier banks providing a wide range of financial products and services using multiple distribution channels including a pan-India network of branches, ATMs, phone banking, net banking and mobile banking.

The post HDFC Bank gets RBI’s nod to set up step-down subsidiary for offering broking, clearing services appeared first on Chittor Today.



This post first appeared on Daily Kiran, please read the originial post: here

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HDFC Bank gets RBI’s nod to set up step-down subsidiary for offering broking, clearing services

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