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| HDFC Bank's online donation facility for Shrimant Dagdusheth Halwai Sarvajanik Ganpati Trust |
| Announcement / Banking Jun 02, 2011, 19:22 IST |
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Takes its total to 72 shrines across the country
HDFC Bank, second largest private bank in the country, signed an agreement with Shrimant Dagdusheth Halwai Sarvajanik Ganpati Trust in Pune for offering online donation.
Devotees unable to offer donation at the temple in person for some reason can now do the same using the Bank's user-friendly and secure Payment Gateway. Besides the Bank’s direct debit facility, they can use HDFC Bank debit card or any credit card to make the payment.
Speaking on the association, Mr. A. Rajan, Country Head, Operations, stated, “India is a spiritually enlightened country and HDFC Bank has always used technology that touches lives of our customers in all the spheres. This tie-up will enable lakhs of devotees of Shrimant Dagdusheth Halwai Sarvajanik Ganpati Trust spread across the world, to conveniently send their offerings to their favourite God, using HDFC Bank’s secured net banking services. It also enables the devotees to select the specific purpose for which the donation is made."
HDFC Bank has pioneered the concept of electronic religious offering and is already offering this facility to major shrines across the country. Some of the religious organizations already availing this facility through HDFC Bank are Mata Vaishnodevi Temple, Shree Jagannath Temple, Shree Sidhivinayak Temple, Shanta Durga Temple, Shirdi Sai Baba Sansthan, Golden temple, SomnathTemple, Guruvayuoor Temple, Parumala Church, Cheraman Juma Masjid, Shree Anantha Padmanabha Temple, Tirumala Tirupati Devasthanam etc.
Link to the website: http://www.hdfcbank.com/campaign/donate_charity/donate_charity.htm
About HDFC BANK
Promoted in 1995 by Housing Development Finance Corporation (HDFC), India's leading housing finance company, HDFC Bank is one of India's premier banks providing a wide range of financial products and services to its 21 million customers across hundreds of Indian cities using multiple distribution channels including a pan-India network of branches, ATMs, phone banking, net banking and mobile banking. Within a relatively short span of time, the bank has emerged as a leading player in retail banking, wholesale banking, and treasury operations, its three principal business segments.
The bank’s competitive strength clearly lies in the use of technology and the ability to deliver world-class service with rapid response time. Over the last 16 years, the bank has successfully gained market share in its target customer franchises while maintaining healthy profitability and asset quality.
As of March 31, 2011, the Bank had a distribution network with 1,986 branches and 5,471 ATMs in 996 cities.
For the quarter ended March 31, 2011, the Bank’s total income was INR 67.24 billion (Rs 6,724.3 crore) as against INR 50.04 billion (Rs 5003.9 crore) for the quarter ended March 31, 2010. Net revenues (net interest income plus other income) were INR 40.95 billion (Rs 4,095.2 crore) for the quarter ended March 31, 2011, an increase of 24.0% over INR 33.02 billion (Rs 3,302.1 crore) for the corresponding quarter of the previous year. Net Profit for the quarter ended March 31, 2011 was INR 11.15 billion (Rs 1114.7 crore), up by 33.2% over the corresponding quarter ended March 31, 2010.
The Bank’s total balance sheet size increased by 24.7% to INR 2773.53 billion (Rs 277,353 crore) as of March 31, 2011. Total deposits were INR 2085.86 billion (Rs 208,586 crore), up by 24.6% over March 31, 2010.
Total income for the year ended March 31, 2011 were INR 242.63 billion (Rs 24263.4 crore).
Leading Indian and international publications have recognized the bank for its performance and quality.
For more information please log on to: www.hdfcbank.com
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