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these were the questions before us and the challenge was clear. We wanted to address the question of how to become the primary bank for these customers,” explains Mittal. For example, HDFC Bank started offering Net banking.

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Chatbots in general are working successfully in providing users, customers and partners with a point of contact across any device or platform. In India, for example, HDFC Bank has a chatbot that, in the course of six months, dealt with.

HDFC Bank has also launched a mobile app called Chillr, which allowed customers to transfer funds instantly to any contact in their phone book.

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The company’s management will address media in Mumbai later in the day.

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Talking to ET Now, Deepak Shenoy, Founder, Capital Mind, says he would prefer HDFC Bank and Indusind Bank. There is change in that business model. They try to address it by saying listen we want to go e-commerce way and so they.

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HDFC Bank has launched Chillr, a mobile app that allows users to instantly transfer money to any contact in their phone book 24×7 since it is linked to customer’s bank account. The bank has partnered with MobME, a Kochi-based.

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