HDFC Bank Biz+ Current Accounts for MSMEs
Why in the news
HDFC Bank rolled out Biz+, a fresh range of current accounts for India’s micro, small and medium enterprises.
Key facts
- Built around the specific banking needs of MSMEs: manufacturers, traders and service providers.
- Customers new to the bank get insurance protecting business and payments during year one.
- Help includes cash handling, a digital platform and a relationship manager.
- The One Bank approach offers tailored bundles; accounts scale with business growth.
About HDFC Bank
- Set up in 1994 with headquarters in Mumbai, Maharashtra.
- Led by MD & CEO Sashidhar Jagdishan; its tagline is “We understand your world”.
Exam angle
- Product: Biz+; segment: MSMEs.
- HQ: Mumbai; MD & CEO: Sashidhar Jagdishan.