Skip to main content

MoneyWorks4Me

RBI allows HDFC Bank to sell new credit cards

18 Aug 2021 Evaluate

Reserve Bank of India (RBI) has relaxed the restrictions placed on the HDFC Bank to issue new cards. Earlier, Reserve Bank of India had issued orders in December and February to HDFC Bank on certain incidents of outages in the internet banking /mobile banking / payment utilities of the bank over the past two years.

HDFC Bank is one of India’s premier banks providing a wide range of financial products and services using multiple distribution channels including a pan-India network of branches, ATMs, phone banking, net banking and mobile banking.

Peers
Company Name CMP
HDFC Bank 692.30
ICICI Bank 1394.00
Axis Bank 1214.70
Kotak Mahindra Bank 461.00
Indusind Bank 840.00
View more..