In the context of HDFC Bank, RBI refers to the Reserve Bank of India, which is India's central banking institution. The RBI regulates the country's monetary policy and oversees the banking sector, including commercial banks like HDFC Bank. It sets guidelines and policies that HDFC Bank and other banks must follow to ensure financial stability and consumer protection.
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Yes, HDFC is a scheduled bank which is listed in the second schedule of the RBI Act.
Hdfc is one of the leading bank in India. and it is firstly recognised by Rbi.
To whom I can report the mislead of HDFC Bank?
A Schedule Commercial Bank is a bank that is registered with the Reserve Bank of India and is authorized by the RBI to provide banking services. Without the approval from RBI a bank cannot provide banking services in India. There are many scheduled commercial banks in India. Some are: ICICI Bank, State Bank of India, HDFC Bank, Bank of Baroda etc
A Scheduled Commercial Bank is a bank that is registered with the Reserve Bank of India and is authorized by the RBI to provide banking services. Without the approval from RBI a bank cannot provide banking services in India. There are many scheduled commercial banks in India. Some are: ICICI Bank, State Bank of India, HDFC Bank, Bank of Baroda etc