Key stock indices Sensex and Nifty closed almost unchanged on the final trading day of 2020 on Thursday as investors tracked news related to COVID-19 launch of vaccines around the world for more bets. In a choppy trade, the 30-share BSE Sensex rose 5.11 points or 0.01 percent to its …
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You will necessarily need a FASTag for your car if you are on a road trip and crossing the toll plazas on Indian National Roads, as of January 1. This confirmation comes from the Union Minister of Transport for Road, Highways and MSMEs, Nitin Gadkari, who has said that FASTags …
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The Reserve Bank of India had to ask HDFC Bank to suspend the launch of digital businesses or the issuance of new credit cards due to the “overwhelming presence” of the lender, Governor Shaktikanta Das said on Friday. “You see, we cannot put together hundreds of thousands of customers who …
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HDFC bank revealed that the current supervisory action will not have a material impact on the bank’s operations. After frequent technical disruptions that plagued HDFC Bank’s online services, the Reserve Bank of India (RBI) ordered all new digital launches and the supply of new credit cards to be halted temporarily. …
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In a rare act of tough love, the banking regulator has detained India’s most valuable lender for repeated disruptions to its digital services. HDFC Bank is unable to accept new credit card customers and will have to stop its planned digital launches until the issue is resolved. Read also: Inside …
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The Reserve Bank of India (RBI), which heavily affects the country’s largest private sector lender, HDFC Bank, has advised the bank to temporarily halt all its digital launches and new sources of credit. credit card customers. In an exchange notice, HDFC Bank said, RBI recommended that it temporarily halt all …
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HDFC Bank to stop digital activities The Reserve Bank of India (RBI) has banned HDFC Bank from adding new credit card customers or launching digital businesses after its digital payment services were hit by technical outages last month. In an order dated December 2, 2020, the central bank also took …
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Private sector lender HDFC Bank said on Thursday that the Reserve Bank of India (RBI) has asked it to temporarily halt all launches of its upcoming digital business generation activities and recruiting new credit card customers. following an outage in its data center that affected operations last month. “The RBI …
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MUMBAI: In a major blow to HDFC Bank, the Reserve Bank of India (RBI) has asked the private sector lender to temporarily halt all launches of its digital business generation activities under the “Digital 2.0” program along with hiring new credit card customers. The regulator, HDFC Bank said in a …
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Gujarat’s Narmada district police have booked personnel from a private cash management company in various sections for alleged theft of Rs 5.25 million from the daily collections of the Statue of Unity. The Indian Express reported Wednesday. The complaint, filed by the manager of a Vadodara branch of HDFC Bank …
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