Friday, January 22, 2021

HDFC Bank submits plan of action to RBI, hopes to fix outage issue in 3 months

The action plan will take 10-12 weeks for implementation, and further timeframe will depend on the RBI's inspection. Based on the satisfaction level, the regulator will lift the ban, the official said at an analysts meet.

source https://economictimes.indiatimes.com/industry/banking/finance/banking/hdfc-bank-submits-plan-of-action-to-rbi-hope-to-fix-outage-issue-in-3-months/articleshow/80405700.cms

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