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HDFC Bank only private bank in Lakshadweep

HDFC Bank sets up a branch in Lakshadweep's Kavaratti island; becomes India’s first private sector bank to have a presence there.

HDFC Bank has become India’s first private sector bank to have a presence in Lakshadweep. 

The country’s largest private lender on Wednesday inaugurated a branch in Lakshadweep's Kavaratti island.

The bank seeks to serve customers wherever they are and looks forward to serving the financial needs of individuals, families, and businesses in Lakshadweep, HDFC Bank retail branch banking group head S Sampathkumar said.

The branch was inaugurated by Captain Lovekesh Thakur, Commanding Officer, Indian Navy and K P Muthukoya, a well-known resident, in the presence of bank officials, HDFC Bank said in a statement.