HDFC Bank’s Forex Desk helps insurance companies manage their foreign currency positions and risk through two specialised desks – The InterBank Desk based in Mumbai and the Corporate Desk (or the Treasury Advisory Group) that operates out of four centres in Mumbai, Delhi, Chennai, Kolkata.
Insurance companies can benefit from the expertise of HDFC Bank’s highly trained professionals who are experienced in dealing with large volumes of transactions. Our professionals operate from a state-of-the-art dealing room and are active in the local interbank market.
The InterBank Desk (IB) manages the positions generated by the Treasury Advisory Group (TAG), and trades on its own account. The TAG focuses on developing customised forex solutions for customers. While small value transactions are handled by our countrywide network of branches, large value transactions are directly handled by the TAG.