Private banking sector giant HDFC Bank has announced plans to hire over 3,000 employees across the state, the bank said in an official statement.

Furthermore, the bank added that 207 bank branches will be opened, out of which 90 of the new branches will be in metro and urban areas, while the remaining will be in semi-urban and rural pockets. The decision was seemingly taken because the present employee base in the state was not known earlier

Abhishek Deshmukh, Branch Banking Head (Maharashtra), said, “HDFC Bank is present in every district and over 280 talukas in the state. With the expansion plan, our presence will increase further, and it will also generate employment for over 3,000 people. HDFC Bank is committed to the growth of Maharashtra and a testimony of the Bank’s commitment is that the Bank’s Credit to Deposit Ratio is over 100% in 29 districts of the state.”

As for the current data on the penetration of the bank within the state of Maharashtra, at present, there are 709 branches of the bank along with 3,200 ATMs across 280 talukas spread in all 29 districts of the state. 

The bank also has 1,375 business correspondents, and 15,116 business facilitators in the state.y closed 0.95 per cent lower at Rs 1,472.10 apiece from its previous close on BSE.

Earlier, HDFC Bank announced it would invest Rs 49.9 crore to Rs 69.9 crore in Go Digit-Life Insurance in two tranches to acquire up to a 9.94 per cent equity stake in the company.

In light of the recent decisions, the insurance company Go Digit-Life Insurance has joined hands with HDFC Bank to carry out life insurance business in India, subject to the grant of a certificate of registration by the Insurance Regulatory and Development Authority of India (IRDAI).