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Shares of HDFC Bank ended over 2 per cent lower at Rs 1,377 on the BSE on Thursday after the Reserve Bank of India (RBI) ordered the bank to halt digital launches and new credit cards.
The move comes after the bank customers faced a number of incidents of outages in the internet banking/ mobile banking/ payment utilities of the bank over the past 2 years, including the recent outages in the bank’s internet banking and payment system on November 21, 2020 due to a power failure in the primary data centre.
The move comes after the bank customers faced a number of incidents of outages in the internet banking/ mobile banking/ payment utilities of the bank over the past 2 years, including the recent outages in the bank’s internet banking and payment system on November 21, 2020 due to a power failure in the primary data centre.
"The RBI vide said Order has advised the
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