India’s HDFC Bank joins RippleNet
It is confirmed by Navin Gupta, Ripple‘s MD of the Middle East and North Africa, in an official revealing Ripple Swell conference that HDFC Bank Limited, India’s prime bank has joined hands withRippleNet. Being the biggest private sector lender by assets and market cap, HDFCprovides a wide variety of financial services to its43 million customers through its100k plus workforce across India.
Once accidentally uncovered by Marcus Treacher, SVP of Customer Success in 2019 the rumors were making rounds on the issue. In “The Jay Kim Show” he mentioned that new partners of Ripple in Asia included HDFC BankBut the lines of collaboration with the HDFC Bank were unclear and yet to take place at the time. It was a belief in the crypto society in those times that partnership is restricted to B2B services owing to the crypto-antagonistic administrative policy in India read more…