HDFC Bank launches watch banking

watch banking

HDFC Bank has become the first Indian bank to launch Watch Banking for Apple Watch. The main objective is to provide banking services through all wearable devices across platforms like iOS and Android.  HDFC Bank will provide a total of 10 banking transactions in the current launch phase. Some of them being: view account information, bill payments, recharges, hot listing facilities, locate nearest branch/ATM/offer, request statement and chequebook.

HDFC Bank’s Watch Banking service does not require a separate app. Customers can activate watch banking from an upgraded version of HDFC Bank’s mobile banking app itself.

Facts about HDFC Bank
  • HDFC Bank Limited is an Indian banking and financial services company headquartered in Mumbai, Maharashtra.
  • Incorporated in 1994, it is the fifth largest bank in India as measured by assets.
  • It is the largest private sector bank in India by market capitalization as of February 2014.
  • According to the Brand Trust Report 2014, HDFC was ranked 32nd among India’s most trusted brands.
  • HDFC was ranked 45th on the list of top 50 Banks in the world in terms of their market capitalization.
GK Question

Who is the Managing Director of HDFC Bank? Adithya Puri