Lender is bringing new talent, getting into cloud-native stacks, shifting from traditional monolithic IT systems, and working with strategic partners for better products and services
In December 2020, the RBI took the unprecedented step of stopping the largest private sector lender from selling any new credit cards and also launching new digital services
In a public notice, the bank said, the refund will be credited to the customer's repayment account as registered with the bank
Will come back with a bang once RBI lifts freeze, says bank
In the past too, the lender, on multiple occasions, has faced outages with regards to mobile banking, internet banking, and other platforms
"Customers can now use NetBanking and mobile banking app for transactions. We regret the inconvenience and thank you for your patience," HDFC Bank tweeted.
Till March, banks could hold on but not all of them will be in a position to stomach the impact of the second wave of the pandemic
The 30-share BSE Sensex slipped 52.94 points or 0.10 per cent to 52,275.57. The broader NSE Nifty declined 11.55 points or 0.07 per cent to 15,740.10
Among the brands that came on the top of the list include Tata Group, Reliance Industries, and Mahindra Group
The elephant in Indian banking has already become nimble-footed. Its new boss, Dinesh Khara, needs to choreograph the steps for its dance
This communication from the bank comes after the RBI on Monday clarified that banks can no longer cite its circular on cryptocurrencies for not offering such products to customers
The lender is also working on a framework for issuing green bonds.
These ATMs have been deployed in various metros and non-metros in view of the restrictions imposed by Covid-19, the bank said.
These ATMs have been deployed in various metros and non-metros in view of the restrictions imposed by Covid-19
A Price-volume breakout above Rs 475 level, logged on May 31, may result in a rally towards Rs 550 and Rs 580-mark in PNB Housing Finance
Shares of HDFC Bank traded flat during early hours on Monday after the Reserve Bank of India (RBI) imposed a penalty of Rs 10 crore for deficiency in its regulatory compliance
Bank of Baroda (BoB) reported a standalone net loss of Rs 1,047 crore in the quarter ended March 2021, as it shifted to a new tax regime
HDFC Bank ranked number 16 for overall equity deals business last year, and number 29 in 2019, according to Bloomberg.
The two largest banks of India feared that such a directive could be detrimental to their business operations and compromise the confidentiality of customer information
The RBI acted on the matter after it received a whistleblower complaint regarding the irregularities in the auto loan portfolio of the bank