CSC SPV and HDFC Bank signed an agreement to enable three lakh Village Level Entrepreneurs (VLEs) of the Common Services Centers to operate as Banking Correspondents of HDFC Bank.
''We are proud to partner in this noble endeavour of the Government to make the lives of people better,'' said Aditya Puri, Managing Director, HDFC Bank.
''This ties in well with our ongoing social programmes which straddle financial literacy, financial inclusion and skilling at the bottom of the pyramid. This partnership is one more step in this direction,'' he added.
Shares of the bank declined Rs 6, or 0.29%, to trade at Rs 2,097.00. The total volume of shares traded was 4,294 at the BSE (9.31 a.m., Thursday).