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Written by George Mathew, edited by Explained Desk | Mumbai | Updated: December 3, 2020 2:31:12 pm An HDFC ATM at SDA Market in New Delhi. (Express photo: Abhinav Saha) The Reserve Bank of India (RBI) has asked the private sector lender HDFC Bank to temporarily stop all the launches …

RBI ordered HDFC Bank to halt new digital launches. The Reserve Bank of India (RBI) directed India’s largest private sector bank, HDFC Bank, to temporarily halt all launches of planned digital business generation activities under its Digital 2.0 program, and other digital business applications. Proposed business generation IT, while ordering …

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 …

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 …

The beginning of a new month brings with it a set of new rules. The beginning of December on Tuesday also brings with it some new rules that will directly affect the common man. From the new real-time gross settlement (LBTR) guidelines to the liquefied petroleum gas (LPG) cylinder price …

India’s gross domestic product or GDP contracted 7.5% in the quarter ending September compared to the same period last year, data released by the Union’s Ministry of Statistics and Program Implementation showed (Mospi) on Friday. India’s GDP fell 23.9% in the April-June quarter, the worst in decades, amid the coronavirus-induced …

The retail payments body, National Payments Corporation of India (NPCI), said on Thursday that it has completed the private placement of 4.63% of its equity shares. ₹Rs 81.64 crore, allowing small finance and payment banks as well as fintechs to be shareholders in the organization. NPCI had made an offer …

MUMBAI : The Mumbai High Court on Thursday refused to grant the suspension of the final plan of merger between DBS bank and Lakshmi Vilas bank, which will take effect on Friday. A group of promoter entities had taken legal action against the Reserve Bank of India, the Union of …

MUMBAI: The Indian economy has shown a stronger rebound in recovery momentum than expected, said Reserve Bank of India governor Shaktikanta das Thursday. Addressing the 4th Annual Day of the Foreign Exchange Traders Association of India (FEDAI), he cited a normalization of activity at various speeds in Q2FY21, after the …

The Indian economy has shown a stronger than expected rebound in the recovery, Reserve Bank of India Governor Shaktikanta Das said on Thursday, adding that there is a need to keep an eye on the sustainability of demand after the end of the festivities. Speaking at the annual event of …