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RBI asks HDFC Bank to stop digital activities, Sourcing new credit card customers

Shortpedia

Content Team
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Private sector lender HDFC Bank on Thursday said the Reserve Bank of India (RBI) has asked it temporarily stop all launches of its upcoming digital business-generating activities and sourcing of new credit card customers after outage at its data centre which impacted operations last month. The order has directed the bank board to examine the lapses and fixes accountability, HDFC Bank said.