HDFC Bank to double rural presence, hires 2,500

HDFC Bank said it is planning to double its reach to two lakh villages in the next 18-24 months and hire 2,500 people more in the next 6 months.

“The bank plans this expansion through a combination of branch network, business correspondents, business facilitators, CSC partners, virtual relationship management and digital outreach platforms,” the bank said. This will increase its rural outreach to about a third of the country’s villages.