HDFC Bank Mega Off Campus Drive 2023 Hiring Relationship Manager

HDFC Bank Mega Off Campus Drive 2023 Hiring Relationship Manager

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HDFC Bank Mega Off Campus Drive 2023. Go through this full article & know the responsibilities and requirements.

HDFC Bank Mega Off Campus Drive 2023 – Overview

Company HDFC Bank
Role Relationship Manager
Qualification PG – MBA / PGDM – Finance, Marketing
Experience 0-3 YEARS
Location Bangalore/ Mumbai
Salary 3 Lpa – 4 Lpa

ABOUT HDFC BANK COMPANY

Located in Mumbai, India, HDFC Bank is one of the biggest banks in the private sector of the economy. Since its founding in 1994, HDFC Bank has developed into a major force in the Indian banking sector by providing a wide range of financial services and products.

The bank offers retail banking, corporate banking, and treasury operations to individuals, companies, and corporations. HDFC Bank is well-known for its creative banking solutions and customer-centric approach. Its extensive network of branches and ATMs spans all of India. Its global reach has also increased. The bank has a track record of maintaining stability in its finances and implementing new technology to improve customer service. HDFC Bank plays a crucial role in the financial landscape of India, contributing significantly to the country’s.

Mumbai is home to the Indian banking and financial services firm HDFC Bank Limited, commonly referred to as HDFC. As of August 2023, after acquiring parent company HDFC, it is the largest private sector bank in India in terms of assets and the fifth-largest bank globally in terms of market capitalization.[12][13][14] The Reserve Bank of India has designated it as a Domestic Systemically Important Bank (D-SIB) because of its size.[15][16] Following the RBI’s ‘in principle’ approval of the establishment of a private bank as part of the liberalization of the Indian banking sector, the bank was incorporated in August 1994 and started operations in January 1995.

As of January 2024, HDFC Bank has a market capitalization of $165 billion, making it the third-largest company listed on Indian stock exchanges.[19] With roughly 1.73[20] lakh workers, it ranks as India’s sixteenth-largest employer.[21]

The Housing Development Finance Corporation was the parent company of HDFC Bank, which was established in 1994 and has its registered office in Mumbai, Maharashtra, India. Manmohan Singh, the Union Finance Minister at the time, officially opened the company’s first corporate office and full-service branch at Sandoz House, Worli.

The bank’s distribution network included 19,727 ATMs spread over 3,811 cities and 8,344 branches as of June 1, 2023. In FY 2017, it issued 23.5 million debit cards and 12 million credit cards, installing 430,000 point-of-sale terminals.[22] As of June 1, 2023, the company employed 1,77,000 people permanently.[23]

A wide range of goods and services are offered by HDFC Bank, such as credit cards, consumer durable loans, loans against property, retail and wholesale banking, treasury, auto and two-wheeler loans, personal loans, and loans against property. Payzapp and SmartBUY are two more digital products that go along with this.[24] In February 2000, HDFC Bank and Times Bank amalgamated. In the category of New Generation private sector banks, this was the first merger of two private banks.[25] Bennett, Coleman, and Co. Ltd., popularly referred to as The Times Group, the biggest media conglomerate in India, founded Times Bank.[26]

HDFC Bank purchased Centurion Bank of Punjab (CBoP) in 2008. The board of HDFC Bank authorized the purchase of CBoP for ₹95.10 billion, representing one of the biggest mergers in India’s financial industry.[27]

In order to run a pan-Indian umbrella organization for retail payment systems, akin to the National Payments Corporation of India, the bank purchased a 9.99% share in FERBINE, an organization supported by the Tata Group, in 2021.[28]

The bank and Paytm collaborated to introduce a line of Visa-powered credit cards in September 2021.[29]

The HDFC Bank and the Housing Development Finance Corporation announced their merger on April 4, 2022.[30] After the merger was completed, HDFC’s market capitalization ranked it as the fourth-largest bank globally.

The merger was scheduled to go into effect on July 1, 2023. HDFC, a housing finance company, will give HDFC Bank its home loan portfolio following the merger. Additionally, the bank offers depositors of home financing companies the option of withdrawing their funds or extending their deposits with the private sector bank at the current interest rate.[32]

The parent company of HDFC Bank, Housing Development Finance Corporation, invested ₹10 billion in Yes Bank in March 2020.[33] According to the Yes Bank reconstruction plan, the corporation would lock in 75% of its total investment for a period of three years. On March 14, Yes Bank granted the corporation 100 crore shares with a face value of ₹2 each in exchange for consideration of ₹10 per share (plus an additional ₹8). This amount represents 7.97 percent of Yes Bank’s post-issue equity share capital.[34]

July 1, 2023, was the planned date for the merger to take effect. After the merger, HDFC Bank will receive its home loan portfolio from HDFC, a housing finance company. The bank also gives home financing company depositors the choice of keeping their money in the private sector bank or withdrawing it at the current interest rate.[32]

In March 2020, Housing Development Finance Corporation, the parent company of HDFC Bank, made a ₹10 billion investment in Yes Bank.[33] The corporation would lock in 75% of its total investment for a three-year period in accordance with the Yes Bank reconstruction plan. In exchange for consideration of ₹10 per share, Yes Bank granted the corporation 100 crore shares on March 14. These shares had a face value of ₹2.

The merger was supposed to go into effect on July 1, 2023. Following the merger, the housing finance company HDFC will give its home loan portfolio to HDFC Bank. Additionally, the bank offers depositors of home financing companies the option to either keep their funds in the private sector bank or withdraw them at the current interest rate.

HDFC Bank Mega Off Campus Drive 2023 – Roles & Responsibilities For Relationship Manager

  1. Develop and preserve a solid rapport with clients in order to comprehend their financial objectives and needs.
  2. Give each client individualized financial advice and direction based on their unique situation.
  3. Find ways to improve the portfolio of your customers by cross-selling banking and financial products.
  4. Analyze and track the financial performance of your clients, and suggest changes as necessary.
  5. Work together with internal teams to guarantee smooth service delivery and client issue resolution.
  6. Keep abreast of financial products and market developments so that you can give clients well-informed advice.
  7. Evaluate client portfolios’ finances and risks on a regular basis.
  8. Achieve sales targets and contribute to the overall revenue growth of the business.
  9. Make sure internal policies and regulatory requirements are followed.
  10. Encourage a positive client experience by providing outstanding service and quickly attending to client inquiries.

HDFC Bank Mega Off Campus Drive 2023 – Skills Required For Relationship Manager

  1. Excellent communication and interpersonal skills are necessary for productive client engagement.
  2. financial savviness and product and service knowledge for investments.
  3. analytical abilities to evaluate clients’ financial circumstances and suggest appropriate courses of action.
  4. To meet revenue goals and cross-sell items, you need strong sales and negotiating abilities.
  5. approach that is customer-centric and centers on providing outstanding service.
  6. Relationship-building skills to win over and keep the loyalty and trust of clients.
  7. Organizational abilities and time management are necessary for efficient portfolio management.
  8. Knowledge of regulatory requirements and compliance in the financial industry.
  9. flexibility to keep abreast of shifting economic conditions and market trends.
  10. ability to solve problems in order to handle client concerns and handle tricky financial situations.

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HDFC Bank Mega Off Campus Drive 2023 Hiring Relationship Manager – Frequently Asked Questions?

Q:- What is the company name?
ans:- HDFC Bank

Q:- What is the post offered by the company?
ans:-  Relationship Manager

Q:- What are the qualifications required for this post?
ans:- PG – MBA / PGDM – Finance, Marketing

Q:- What is the salary range for this post offered by the company?
ans:- 3 Lpa – 4 Lpa

Q:- Could you provide me with some company information?
Ans:- One of the largest banks in the private sector of the economy is HDFC Bank, which has its headquarters in Mumbai, India. HDFC Bank has grown to be a significant player in the Indian banking industry since its establishment in 1994 by offering a variety of financial services and products.

The bank provides individuals, businesses, and corporations with retail banking, corporate banking, and treasury operations. The innovative banking solutions and customer-focused philosophy of HDFC Bank are well known. All of India is covered by its vast network of branches and ATMs. Its reach across the globe has also grown. The bank has a history of keeping its finances stable and introducing new technology to enhance customer support. An important and substantial contributor to India’s financial scene is HDFC Bank.

How to Apply HDFC Bank Mega Off Campus Drive 2023 Hiring Relationship Manager

  • Select the “Apply here” button that is located below. You will be taken to the official career page of the company.
  • “Apply Online” should be clicked.
  • If you haven’t already, make an account.
  • Log in after registering and complete the application form with all the required information.
  • If asked, submit all necessary documents (such as a resume, grade report, and proof of identity).
  • In your application, be sure to include factual information.
  • Make sure all the information entered is accurate.
  • After verification, submit the application process.

DISCLAIMER:

The aforementioned recruitment information is solely being provided for informational purposes. The organization’s official website is where the aforementioned recruitment information was found. We make no guarantees regarding employment. The company’s established recruitment process must be followed when hiring new employees. We don’t charge anything for providing information about this job.

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