HDFC Bank surges on launching ‘Xpress Car Loans’
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HDFC Bank is currently trading at Rs. 1329.35, up by 9.25 points or 0.70% from its previous closing of Rs. 1320.10 on the BSE.
The scrip opened at Rs. 1315.00 and has touched a high and low of Rs. 1332.25 and Rs. 1315.00 respectively. So far 129069 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. 1292.00 on 08-Mar-2022.
Last one week high and low of the scrip stood at Rs. 1403.00 and Rs. 1295.70 respectively. The current market cap of the company is Rs. 737088.52 crore.
The promoters holding in the company stood at 25.78%, while Institutions and Non-Institutions held 60.33% and 13.89% respectively.
HDFC Bank has launched ‘Xpress Car Loans’ - an end to end digital new car loan journey for existing customers as well as non-customers. The Bank has integrated its lending application with automobile dealers across the country. This industry first facility is expected to revolutionise the way car financing is done in the country.
HDFC Bank has created a comprehensive, faster, more convenient, and inclusive digital journey for car buyers. This will help simplify the car purchase process and drive car sales across the country including in the semi urban and rural areas.
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.
