Tuesday, August 17, 2021

RBI lifts ban on HDFC Bank issuing credit cards

On December 3, in an unprecedented move the bank was barred from issuing new credit cards and launching any new digital products after multiple issues linked to digital banking, cards and payments on the bank's platform in the last two years.

source https://economictimes.indiatimes.com/industry/banking/finance/banking/rbi-lifts-ban-on-hdfc-bank-issuing-credit-cards/articleshow/85402723.cms

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