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Added on : 2020-12-03 14:21:53

The Reserve Bank of India (RBI) has directed India’s largest private sector lender, HDFC Bank, to stop issuing new credit cards as well as the launch of new digital business, according to a company filing with the stock exchanges. The order has come after a rise in the number of outages of its online services over the last two years.

The Reserve Bank of India (RBI) has directed India’s largest private sector lender, HDFC Bank, to stop issuing new credit cards as well as the launch of new digital business, according to a company filing with the stock exchanges. The order has come after a rise in the number of outages of its online services over the last two years.

Editor & Publisher : Dr Dhimant Purohit

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