RBI gives relief to hdfc Bank!!!

On the wallet PLATFORM' target='_blank' title='digital-Latest Updates, Photos, Videos are a click away, CLICK NOW'>digital launch of hdfc bank, the RBI had banned some irregularities being found. Now the bank OF INDIA' target='_blank' title='reserve bank of india-Latest Updates, Photos, Videos are a click away, CLICK NOW'>reserve bank of india has removed the ban on the wallet PLATFORM' target='_blank' title='digital-Latest Updates, Photos, Videos are a click away, CLICK NOW'>digital launch of hdfc Bank. However, hdfc bank has given information to the stock exchanges in this matter, which has cleared the way for them to complete the business plan.


HDFC bank gave information

Giving information about the ban removed from its wallet PLATFORM' target='_blank' title='digital-Latest Updates, Photos, Videos are a click away, CLICK NOW'>digital launch, hdfc bank said that, 'Reserve bank of india has removed the ban on business generating activities. 


Why was the launch of HDFC's wallet PLATFORM' target='_blank' title='digital-Latest Updates, Photos, Videos are a click away, CLICK NOW'>digital 2.0 put on hold?

The bank OF INDIA' target='_blank' title='reserve bank of india-Latest Updates, Photos, Videos are a click away, CLICK NOW'>reserve bank of india had taken this tough decision in the year 2020 after repeatedly found disturbances in the data center of hdfc Bank. hdfc Bank's wallet PLATFORM' target='_blank' title='digital-Latest Updates, Photos, Videos are a click away, CLICK NOW'>digital launch was banned. Along with this, the bank had warned hdfc bank to fix the responsibility for the disturbances in the data center with strictness. Along with this, what was the reason behind this disturbance was also asked to find out. At present, with the removal of this ban, hdfc can now issue its new credit cards.


The ban was partially lifted in August-

In august 2021, the bank OF INDIA' target='_blank' title='reserve bank of india-Latest Updates, Photos, Videos are a click away, CLICK NOW'>reserve bank of india partially lifted the moratorium on hdfc Bank's wallet PLATFORM' target='_blank' title='digital-Latest Updates, Photos, Videos are a click away, CLICK NOW'>digital Program 2.0. After the lifting of this ban, hdfc claimed to have issued a large number of credit cards. For the time being, hdfc has thanked the banking regulator after the ban is completely lifted.

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RBI gives relief to HDFC!!!

S Venkateshwari

12/03/2022 10:04 PM