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Banks raise spends on IT to improve digital prowess

Why The HDFC Bank Merger Is Another Marker Of India's Inevitable Rise

HDFC Securities to create discount broking architecture to compete with Zerodha, other firms

HDFC Securities to create discount broking architecture to compete with Zerodha, other firms Over the next two-three years, the company targets to gain market, Jagdishan said, making it clear that the largest private sector lender does not have any plans to sell stakes in the brokerage HDFC Bank managing director Sashidhar Jagdishan PTI Updated Jul 19, 2021, 8:38 AM IST HDFC Securities is creating its own discount broking architecture to compete with new-age firms like Zerodha which are eating into market shares of entrenched players in the business, its parent HDFC Bank's managing director Shashidhar Jagdishan has said. Over the next two-three years, the company targets to gain market, Jagdishan said, making it clear that the largest private sector lender does not have any plans to sell stakes in the brokerage.

HDFC Securities to enter discount broking segment to win market share

HDFC Securities to enter discount broking to win market share

hdfc bank: HDFC Securities to enter discount broking to win market share

Have redoubled efforts to fix tech loopholes: HDFC Bank CEO

HDFC Bank says working with RBI for restarting banned services

hdfc bank: RBI appoints external firm to audit HDFC Bank's IT infra in view of service outages

New Delhi: HDFC Bank on Tuesday said the Reserve Bank of India (RBI) has appointed an external IT firm for carrying out a special audit of its IT infrastructure in the aftermath of repeated service outages at the country's largest private sector lender over the past two years. "RBI has appointed an external professional IT firm for carrying out a special audit of the entire IT infrastructure of the bank under Section 30 (1-B) of the Banking Regulation Act, 1949..., at the cost of the Bank under Section 30 (1-C) of the Act. The bank shall accordingly extend its cooperation to the external professional IT firm so appointed by RBI for conducting the special IT audit as above," HDFC Bank said in a regulatory filing.

RBI appoints external firm to audit HDFC Bank's IT infra in view of service outages

RBI appoints external firm to audit HDFC Bank's IT infra in view of service outages PTI Updated : Feb 2, 2021, 10:37 am IST Last month, HDFC Bank had submitted a detailed plan of action to the RBI to address repeated service disruption issues due to outage  In December, the Reserve Bank of India (RBI) temporarily barred HDFC Bank from launching new digital banking initiatives and issuing new credit cards after taking a serious view of service outages at the lender over the last two years. (PTI) New Delhi: HDFC Bank on Tuesday said the Reserve Bank of India (RBI) has appointed an external IT firm for carrying out a special audit of its IT infrastructure in the aftermath of repeated service outages at the country's largest private sector lender over the past two years.