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Shashidhar Jagdishan

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HDFC Bank is working with RBI for restarting banned services

 HDFC Bank on Thursday said network outages that led to a regulatory ban on new credit card sales were not due to transaction volumes, and affirmed that it continues to stay in touch with the RBI......

RBI appoints external firm to audit HDFC Bank's IT infra

 HDFC Bank on Tuesday said the Reserve Bank of India (RBI) has appointed an external IT firm for carrying out a special audit of its IT infrastructure in the aftermath of repeated service......

Why RBI imposed curbs on HDFC Bank for service outages

 The need to maintain people's confidence in digital banking resulted in the action against HDFC Bank for service outages, RBI Governor Shaktikanta Das said on Friday and exhorted lenders to invest......

RBI bars HDFC Bank from digital initiatives, issuing new credit cards

 In an unprecedented move, the Reserve Bank has temporarily barred HDFC Bank from launching digital banking initiatives and issuing new credit cards after taking a serious view of service outages at......

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