Thursday, December 3, 2020

RBI ban on HDFC Bank could stay for 3-6 months: Macquarie Capital

This unprecedented order by the RBI comes after the bank suffered its third big outage in the span of just two years. The RBI order also states that the lender’s board needs to examine these lapses and fix accountability.

source https://economictimes.indiatimes.com/industry/banking/finance/banking/rbi-ban-on-hdfc-bank-could-stay-for-3-6-months-macquarie-capital/articleshow/79545542.cms

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