Question

How does HDFC Bank's new branch in Lakshadweep primarily benefit the local population?

A By offering investment banking exclusively Correct Answer Incorrect Answer
B By focusing solely on corporate accounts Correct Answer Incorrect Answer
C By providing comprehensive personal and digital banking services Correct Answer Incorrect Answer
D By limiting services to high-net-worth individuals Correct Answer Incorrect Answer
E By offering only offline banking services. Correct Answer Incorrect Answer

Solution

HDFC Bank's new branch in Kavaratti Island, Lakshadweep, aims to enhance the banking infrastructure by providing comprehensive services focusing on personal and digital banking, making financial services more accessible to a broader range of customers.

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