HDFC Bank Ltd.

BSE: 500180 | NSE: HDFCBANK
Large Cap | Bank - Private
926.85
10.60 (1.16%)
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RBI allows HDFC Bank to sell new credit cards

Date: 18-08-2021

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.