One of India’s biggest credit bureaus has informed the central bank about delays in receiving information from HDFC Bank Ltd., the country’s second-largest lender by assets, according to people familiar with the matter.
The local unit of Experian Plc told the Reserve Bank of India in July that HDFC Bank has been late in providing details of its loans, including the repayment status of its millions of retail borrowers, the people added, asking not to be identified because the information is confidential. Such tardiness has been an issue for about two years, the people said, without giving further details, including