HDFC Bank to double rural reach to 2 lakh villages in two years


HDFC Bank to double rural reach to 2 lakh villages in two years

HDFC Bank plans to hire 2,500 people in the next 6 months. At present, the private lender offers its products and services to micro and medium enterprises in over 550 districts. Its rural banking services extend to 1 lakh Indian villages, which it aims to double to 2 lakh.

The government earlier unveiled the Account Aggregator (AA) network to allow sharing of financial data of individuals, which can be used by various financial services providers such as banks, insurers, fintech companies.


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