HDFC Bank rises on partnering with Tata Neu
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HDFC Bank is currently trading at Rs. 1482.00, up by 10.70 points or 0.73% from its previous closing of Rs. 1471.30 on the BSE.
The scrip opened at Rs. 1477.00 and has touched a high and low of Rs. 1484.10 and Rs. 1473.75 respectively. So far 25520 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 1724.30 on 18-Oct-2021 and a 52 week low of Rs. 1271.75 on 17-Jun-2022.
Last one week high and low of the scrip stood at Rs. 1512.00 and Rs. 1450.25 respectively. The current market cap of the company is Rs. 824102.81 crore.
The promoters holding in the company stood at 25.73%, while Institutions and Non-Institutions held 59.58% and 14.69% respectively.
HDFC Bank and Tata Neu have entered into a partnership to launch one of India’s most rewarding co-branded credit cards. The card will be launched in two variants: Tata Neu Plus HDFC Bank Credit Card and Tata Neu Infinity HDFC Bank Credit Card.
Tata Neu customers can apply for the credit card through the Tata Neu app and access key details of the card through the app while enjoying a simple and even more rewarding experience. Both variants of the card will be available on both RuPay and Visa networks.
The cards leverage the strength of both brands to deliver superior value and an integrated experience to customers, drawing on HDFC Bank’s position as India’s leading card issuer and Tata Neu’s omnichannel presence across key categories.
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.
