Auto loans mis-selling: HDFC Bank to refund GPS device commissions
The city-headquartered lender announced the refund in a public notice published in newspapers. "HDFC Bank will be refunding the GPS device commission to auto loan customers who availed of such device as a part of the auto loan funding during the period FY 2013-14 to FY 2019-20," the notice read.
HDFC Bank says awaiting clarity from central bank on lifting of RBI embargoHDFC Bank, which issues nearly 150,000 credit cards a month, was directed by the RBI in December to stop issuing fresh cards until it had sorted out its tech problems.
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