GopartReports

For many Indian families, the electric car decision usually ends at the price tag. EVs promise lower running costs, but the upfront price is often much higher than a comparable petrol or diesel car. The main reason is hidden under the floor: the battery. HDFC Bank is now trying to tackle that problem with a loan that treats the battery and the rest of the car differently. The bank announced on Sunday the launch of its "Flexi Electric Car Loan," which funds an EV's body and battery in different proportions and lets buyers repay the battery portion over a longer period. HDFC Bank calls it a first-of-its-kind product and says the structure allows customers to customise their monthly EMI. The logic is simple. Since the battery is the costliest part of an electric car, it's what makes EVs pricier to buy than petrol or diesel vehicles. By spreading the battery's cost over a longer time, the monthly burden becomes lighter. The bank says the EMI on the battery...

Every time you transfer money through UPI, log into net banking or swipe your card, your data is protected by encryption, a digital lock that today's computers would take thousands of years to break. But a new kind of machine is on the horizon. Quantum computers, still in development worldwide, could one day crack many of these locks in a fraction of the time. Banks know this, and some are starting to prepare now. Bank of India is the latest to take a concrete step. On 22 October 2026, the Centre for Development of Advanced Computing (C-DAC), which functions under the Ministry of Electronics and Information Technology (MeitY), signed a Memorandum of Understanding with Bank of India to work together on quantum technologies and other emerging tools for banking. The agreement was formally exchanged by Aditya Kumar Sinha, Executive Director of C-DAC Mumbai, and Satyendra Singh, CGM IT and CIO of Bank of India, in the presence of MeitY Secretary S. Krishnan and senior offici...

National Payments Corporation of India (NPCI) said that the news about UPI transactions being charged from January 1, 2021 is incorrect and has requested everyone not to fall prey to such incorrect information. NPCI has urged all the customers to not believe in such stories and continue to perform uninterrupted and convenient UPI transactions.

Bank of Baroda, India's third largest Public Sector Bank, believes in having customers and their convenience as the brand philosophy and building on this ideology, the bank has launched a new campaign  'Ek Forever Rishta’  as an attempt to wish upon its customers a New Year filled with hope & optimism. The bank has launched an impactful series of ads that reiterate ‘Ek Forever Rishta’ among its audience across the country in 10 different languages. The objective of the campaign is to create brand awareness among the prospective customers, integrated with the product offerings. The bank desires to convey that they are always by customers’ side and want to support them in realizing their dreams with the help of their wide product range and one of the best-in-class offers. Explaining the thought behind the campaign,  Mr. Purshotam, Chief General Manager – Retail Liabilities, Wealth Management Services, Marketing, Demat & NRI Business  said, “We have always been ...

Chennai :   Ravi Santhanam, Chief Marketing Officer (CMO), HDFC Bank has been recognised in the  Forbes list of 'The World’s Most Influential CMOs ’. Ranked at Number 39, he is the only CMO of an Indian company to be featured in the illustrious list which includes marketing heads of Apple, BMW, Lego, Adobe, Microsoft, P&G among others. This is the 8th edition of this annual list released by Forbes with research partners Sprinklr and LinkedIn. This year, 427 global CMOs were eligible for consideration. It is generated using data from news reports, websites and social networks to measure influence. In its editorial, Forbes writes, " Santhanam is a marketing leader who prioritizes personalized and relevant customer experience and believes that machine learning and data science are critical tools for marketers; he expressed so in a recent blog. And he led the Indian bank's response to the coronavirus outbreak, launching the # HDFCBankSafetyGrid  campaign to h...