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HDFC is one of the first banks to receive an “in principle” approval from the RBI to set up a bank in private sector. The bank was incorporated with the name of HDFC in the year 1994. It started its operation as a commercial bank in January 1995. The bank has always been awarded for its Excellency. Recently HDFC is awarded as the best bank in the private sector by the Outlook Money and NDTV profit. Asian Banker Excellence ranked HDFC as the best retail Bank in India. |