MoneyWorks4Me

RBI lifts all restrictions on HDFC Bank

14 Mar 2022 Evaluate

Reserve Bank of India (RBI) has lifted all restrictions on HDFC Bank, permitting it to launch new digital initiatives. RBI has lifted the restriction on the business generating activities planned under the Bank's Digital 2.0 programme.

Digital 2.0 programme of the bank is designed to provide products to its customers for frictionless financial experience. It will help customers to move from a single transaction to a complete financial solution journey such as loan disbursement, payments and investment. HDFC Bank is fully committed to ensuring continued adherence to the highest standards of compliance with RBI recommendations.

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 722.85
ICICI Bank 1356.60
Axis Bank 1239.50
Kotak Mahindra Bank 412.45
Indusind Bank 967.10
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