Categories: Business

HDFC agents to stop mobilising government funds

HDFC Bank is halting its agents from collecting fixed deposits and CASA funds from government entities starting July 1. This move, which the bank attributes to its expanding branch network, comes amid scrutiny over incentives paid for government fund mobilization. The bank aims to streamline its operations and governance framework.

The News Vista

Leave a Comment
Share
Published by
The News Vista
5 months ago

Recent Posts

Those using Form 6 to re-enroll won’t be prosecuted: EC to SC

The Election Commission has committed to include every eligible citizen in the electoral rolls during…

54 minutes ago

‘No case against me anywhere,’ he claims to TOI

Continued from P 1

1 hour ago

Court reverses loss of Alabama mother’s parental rights for one of two kids

A recent ruling by an Alabama appeals court has partially overturned a juvenile court's ruling…

1 hour ago

Lalit gets British citizenship, extradition prospects take a hit

Lalit Modi has announced his acquisition of British citizenship during an event at Oxford Union.…

1 hour ago

SF couple’s $1.85m Victorian renovation now listed for $5.595m

Once a forgotten Victorian gem in Noe Valley, this home was purchased at $1.85 million…

1 hour ago

Empty Vande Bharat allowed to run 463km despite ‘poor power brake’

An empty Vande Bharat train journeyed 463 kilometers from Hatia to Deen Dayal Upadhyaya station…

2 hours ago