CM Lauds HDFC Bank’s Efforts for Rural Devt in Odisha

Bhubaneswar: As HDFC Bank completes its 20 years of operations in Odisha today, Chief Minister Naveen has lauded the efforts of the bank towards the rural development in the State.

Inaugurating HDFC Bank’s 160th branch at Badaposhi in Keonjhar district virtually to mark 20 years of the Bank in the state, the Chief Minister said, Naveen said, “Banking facilities empower people. HDFC Bank’s contribution to the local community in field of Rural Development, Skill Development, Health care and Hygiene and Financial literacy is very much appreciable. HDFC Bank’s work in the Education sector has made a great impact and I wish HDFC Bank continues to support the aspirations of people of Odisha just like it has done for over two decades.”

The Chief Minister also released a coffee-table book on 20 years journey of the bank in the state of Odisha.

HDFC Bank launched its first branch in June 2001 and since then the bank has established a network of 160 branches & 317 ATM’s across the state. Nearly 63% of the branches are located across semi-urban & rural regions of the state. During this 20 years journey of HDFC Bank, the bank has provided direct and indirect employment to over 4000 people across the state and expects employment generation to increase as the bank establishes newer branches and business correspondents.

Under #Parivartan initiative of the bank, through its various social initiatives like rural development, education, skill development, health care, hygiene, financial literacy and inclusion the bank has impacted the lives of over 31 Lakh people across the state. The bank also plans to establish nearly 100 Smart Classrooms and Renovate 7 schools in 2021-22.

The Bank’s top representatives were also present during the virtual inauguration. The decision to organize a virtual ceremony was taken keeping the government issued guidelines in mind.

Sandeep Kumar, Branch Banking Head, HDFC Bank said, “The journey to reach the 160th branch milestone in Odisha has been extremely fulfilling, right since the launch of our first branch in the year 2001. Over the past 20 years it has been an honour serving our customers here. It is our endeavour to make a difference in their lives through our banking services as well as in society through our social initiatives. HDFC Bank has focused on reaching out to the large unbanked segments and help contribute towards economic development, and employment generation for the people. At the state level HDFC Bank has 63% of its branches located across semi-urban and rural areas and is continuously extending its reach in the hinterland in its endeavour to support inclusive growth. We remain committed to keep serving our customers with the best-in-the-class services and the latest technology in the future.”