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  2. HDFC Bank - Wikipedia

    en.wikipedia.org/wiki/HDFC_Bank

    HDFC Bank Limited. HDFC Bank Limited (also known as HDFC) is an Indian banking and financial services company headquartered in Mumbai. It is India's largest private sector bank by assets and the world's tenth-largest bank by market capitalization as of May 2024. [ 9][ 10][ 11] The Reserve Bank of India (RBI) has identified the HDFC Bank, State ...

  3. MT940 - Wikipedia

    en.wikipedia.org/wiki/MT940

    MT940 is a specific SWIFT message type used by the SWIFT network to send and receive end-of-day bank account statements. [ 1] Message Type 940 is the SWIFT standard ( Banking Communication Standard) for the electronic transmission of account statement data. In various online banking programs, MT940 is used as an interface to other programs (e.g ...

  4. Direct debit - Wikipedia

    en.wikipedia.org/wiki/Direct_debit

    Direct debit. A direct debit or direct withdrawal is a financial transaction in which one organisation withdraws funds from a payer's bank account. [ 1] Formally, the organisation that calls for the funds ("the payee") instructs their bank to collect (i.e., debit) an amount directly from another's ("the payer's") bank account designated by the ...

  5. Passbook - Wikipedia

    en.wikipedia.org/wiki/Passbook

    A passbook or bankbook is a paper book used to record bank or building society transactions on a deposit account . The Post Office Savings Bank introduced passbooks to rural 19th-century Britain. Traditionally, a passbook was used for accounts with a low transaction volume, such as savings accounts. A bank teller or postmaster would write the ...

  6. Indian Financial System Code - Wikipedia

    en.wikipedia.org/wiki/Indian_Financial_System_Code

    The Indian Financial System Code ( IFS Code or IFSC) is an alphanumeric code that facilitates electronic funds transfer in India. A code uniquely identifies each bank branch participating in the three main Payment and settlement systems in India: the National Electronic Funds Transfer (NEFT), Real Time Gross Settlement (RTGS) and Immediate ...

  7. Housing Development Finance Corporation - Wikipedia

    en.wikipedia.org/wiki/Housing_Development...

    Housing Development Finance Corporation. Housing Development Finance Corporation was an Indian private sector mortgage lender based in Mumbai. [ 9][ 10] It was the biggest housing finance company in India. [ 11] It also had a presence in banking, life and general insurance, asset management, venture capital and deposits through its associate ...

  8. Trade finance - Wikipedia

    en.wikipedia.org/wiki/Trade_finance

    t. e. Trade finance is a phrase used to describe different strategies that are employed to make international trade easier. It signifies financing for trade, and it concerns both domestic and international trade transactions. A trade transaction requires a seller of goods and services as well as a buyer. Various intermediaries such as banks and ...

  9. HDFC securities - Wikipedia

    en.wikipedia.org/wiki/HDFC_securities

    HDFC Securities is the stock-broking arm of India’s largest private-sector lender, HDFC Bank, [2] and began operations in April 2000. It began as a joint venture between HDFC Bank Limited, HDFC Limited and Indocean eSecurities Holdings Limited. [3] Along with its stock broking services, HDFC Securities is a distributor of financial products.

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