HDFC Bank looks to increase the number of banking correspondents to 25K by March

Funds Instructor13 Sep, 2020Finance

Present, the HDFC bank has a network of 11,000 banking correspondents. A top official of the bank said that “The largest private sector lender HDFC Bank is planning to more than double the strength of its banking correspondents (BCs) to 25,000 by the fiscal-end.” The bank is looking at its tie-up with the government’s common services centres (CSCs) to expand its BC network.