HDFC Bank's CEO Sashidhar Jagdishan in in company-wide communique said the central bank's RBI embargo enabled the bank to reimagine its IT systems and processes and “turbo-charge” the pace of its technology transformation. Jagdishan reiterated the bank’s plan to be “back with a bang” in the card space and regain lost market share.source https://economictimes.indiatimes.com/industry/banking/finance/banking/what-made-hdfcs-big-boss-write-the-reserve-bank-a-thank-you-note/articleshow/85449580.cms
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