HDFC Bank, SBI Card Warn Customers Of Restrictions If They Deal In Cryptocurrencies
HDFC Bank Ltd. has begun cautioning its customers officially against dealing in virtual currencies, according to emails sent by the lender reviewed by BloombergQuint. These emails inquire about the customers’ virtual currency transactions and advise against such transactions citing a 2018 circular from the Reserve Bank of India, which was later struck down by the Supreme Court.