Friday, 24 March, 2023

HDFC Bank to give a digital push to small business loans

<p>HDFC Bank has decided to establish a dedicated app for mom-and-pop retailers to boost merchant loans after the regulator relaxed all restrictions. HDFC Bank will also launch the &#39;AutoFirst&#39; application, which would provide entirely automated vehicle financing. The SmartHub Vyapar merchant programme, which is now in its pilot phase, will be introduced soon. It&#39;s a payment app that combines all payment methods, including cards, UPI, QR codes, tap pay, and SMS payments.</p>