Complied with 85% of asks on tech, ball in RBI court for lifting ban: HDFC Bank


Complied with 85% of asks on tech, ball in RBI court for lifting ban: HDFC Bank

Addressing shareholders at his first annual general meeting as the executive head of the largest private sector lender, Jagdishan said a technology audit is also over and the RBI will now be “independently” taking a view on when to lift the penal actions taken against the bank.

“MasterCard is a significant franchise partner for the bank, but the good part is like in most of our businesses we patronise on open architecture,” he said while addressing shareholders at the bank’s annual general meet.


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