RBI asks HDFC Bank to halt digital launches, new credit cards

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Deal Subedar
sunnie

The Reserve Bank of India on Wednesday ordered HDFC Bank to halt digital launches, new credit cards. The banking regulator issued the order to HDFC Bank with respect to certain incidents of outages in internet banking/ mobile banking/ payment utilities of the Bank over past 2 years, including recent outages in internet banking and payment system on November 21 due to a power failure in the primary data centre.

https://www.business-standard.com/article/curre...

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