HDFC Bank says it does not face server capacity issues, IT a

HDFC Bank says it does not face server capacity issues, IT audit in final stages


HDFC Bank says it does not face server capacity issues, IT audit in final stages
10 hours ago
HDFC Bank said that its information technology or digital infrastructure does not have server capacity issues and that each of the five technical outages the bank has faced in recent years are fundamentally different. During a recent earnings call for the banks’ fourth quarter results, the banks’ management also said that the Reserve Bank of India (RBI) mandated third-party IT audit is in its final stages.
The five outages in the last 28 months include glitches or downtime in the net banking and mobile banking platform. In November last year, there was unexpected outage at one of the banks’ data centers in Navi Mumbai which left customers in the dark for a few days. In March this year, technical issues led to customers complaining that they could not access the banks’ digital banking platforms. 

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