HDFC Bank aims 10-fold growth in merchant segment in 3 years to 20 million - THEMARKETTRENDZ

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Sunday, 27 September 2020

HDFC Bank aims 10-fold growth in merchant segment in 3 years to 20 million

The merchant relationships accrue in fees as the services are charged, in interest income for the lending and also in low-cost current and saving account (Casa) deposits. Having a bigger number of merchants will help the bank's analytics engines gather more intelligence and deploy suitable solutions, the source said.

from Banking/Finance-Industry-Economic Times
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