HDFC opens 77th branch in J&K

HDFC opens 77th branch in J&K

According to a spokesperson of the bank, the new branch was inaugurated by principal secretary finance Navin K Choudhary in presence of Zubair Iqbal, senior vice president, Sachin Mahajan, vice president, Parvinder Singh Sudan, deputy vice president, HDFC Bank, senior officers of the bank and large gathering of people.

Continuing its growth story in Jammu and Kashmir, HDFC Bank opened its 77th branch at Kachi Chawni, Jammu on Wednesday.

According to a spokesperson of the bank, the new branch was inaugurated by principal secretary finance Navin K Choudhary in presence of Zubair Iqbal, senior vice president, Sachin Mahajan, vice president, Parvinder Singh Sudan, deputy vice president, HDFC Bank, senior officers of the bank and large gathering of people.

Choudhary on the occasion complimented the HDFC Bank for making its presence felt in the banking industry of the state and contributing to employment generation and economic activity of the state by taking its CD ratio to 64 percent. 

HDFC Bank has rapidly expanded its branch network in Jammu and Kashmir in the past 15 years as well as given a concerted push to its digital banking strategy in the state as part of its efforts to deliver its services using multiple technology platforms. At present, HDFC Bank has 77 branches and 211 ATMs in the state. This journey began with its very first branch in the city, which was set up in 2003.