The central bank had, in December 2020, placed curbs on the business-generating activities planned by HDFC under its Digital 2.0 programme. Representative image The Reserve…

Stocks in the news: HDFC Bank, NMDC, Paytm, Ruchi Soya, Lupin and ICICI Bank

02:20am, Monday, 14'th Mar 2022 Economic Times India
The RBI asked Paytm Payments Bank to stop opening new accounts amid "material supervisory concerns" observed in the bank. Appointment of an IT audit firm to conduct a comprehensive system audit of its IT system is also directed.
These rates apply to domestic citizens, NROs and NREs. The revision is made on bulk FDs greater than or equal to ₹5 crore. These new rates have come into effect from March 01, 2022.
Stocks to watch: Singapore Exchange-traded Nifty50 futures fell 0.5 percent to 16,562 as of 6:41 am hinting at a negative open for Indian benchmark indices on Monday. Hindalco Industries, Lupin, GAIL India, HDFC Bank, M&M among others are top stocks to watch out for in trade today. Check out the complete list of today''s stocks to watch here -
Nine of the 10 most valued companies together added a whopping Rs 1,91,434.41 crore in market valuation last week, with Reliance Industries, Infosys and TCS emerging as the biggest gainers. ICICI Bank was the only laggard from the top-10 pack. Last week, the benchmark Sensex jumped 1,216.49 points or 2.23 per cent. From the gainers'' pack, Reliance Industries Limited (RIL) added Rs 49,492.7 crore, taking its valuation to Rs 16,22,543.06 crore. The valuation of Infosys jumped Rs 41,533.59 crore to reach Rs 7,66,447.27 crore. The market valuation of Tata Consultancy Services (TCS) climbed Rs 27,927.84 crore to Rs 13,31,917.43 crore and that of Bharti Airtel zoomed Rs 22,956.67 crore to Rs 3,81,586.05 crore. The market capitalisation (mcap) of Hindustan Unilever Limited advanced Rs 17,610.19 crore to Rs 4,92,204.13 crore and that of HDFC Bank went higher by Rs 16,853.02 crore to Rs 7,74,463.18 crore. State Bank of India''s valuation went up by Rs 7,541.3 crore to Rs 4,19,813.73 crore

RBI lifts curbs on HDFC Bank, allows its digital launch - Times of India

10:42pm, Saturday, 12'th Mar 2022 The Times of India
India Business News: MUMBAI: The Reserve Bank of India (RBI) has lifted the ban on HDFC Bank launching new initiatives in digital banking that was imposed in December 2020.

Ban lifted on digital launches of HDFC Bank

09:45pm, Saturday, 12'th Mar 2022 The Financial Express
FE had reported earlier this week that HDFC Bank is working on a plan to build a challenger digital bank in order to prepare for a future where licences for digital banks are issued. The challenger will be a purely digital bank focused on targeting a younger set of customers over their lives and careers.

RBI lifts all restrictions on HDFC Bank

03:05pm, Saturday, 12'th Mar 2022 The Hindu
Regulator permits lender to unveil new digital initiatives
The Reserve Bank of India (RBI) has lifted restrictions on the new digital business-generating activities of private lender HDFC Bank under its Digital 2.0 programme,…
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HDFC Bank MEDIA STATEMENT on RBI Lifts Restrictions on Digital 2.0

11:36am, Saturday, 12'th Mar 2022 Business News This Week
We would like to inform one and all that the Reserve Bank of India has lifted the restriction on the business generating activities planned under the Bank’s Digital 2.0 programme, vide its letter dated March […] The post HDFC Bank MEDIA STATEMENT on RBI Lifts Restrictions on Digital 2.0 appeared first on Business News This Week .

RBI lifts restrictions on HDFC Bank’s ‘Digital 2.0’ plan

11:30am, Saturday, 12'th Mar 2022 Buziness Bytes
New Delhi, March 12 (IANS) The Reserve Bank of India has lifted the restrictions on the business generating activities planned under HDFC Bank’s ‘Digital 2.0’ programme. “We wish to inform you that the RBI vide its letter dated March 11, 2022 has lifted the restrictions on the business generating activities planned under the Bank’s Digital […] The post RBI lifts restrictions on HDFC Bank’s ‘Digital 2.0’ plan appeared first on Buziness Bytes .
After recurring technical glitches, the RBI had put restrictions on the launch of digital business generating activities under the bank’s Digital 2.0 program and other proposed IT applications.
In a major relief for HDFC Bank, the Reserve Bank of India lifted all restrictions on new digital business generating operations, the lender said in a statement today. The HDFC Bank said that the RBI has removed all restriction from HDFC’s Digital 2.0 programme. The bank further added that it is fully committed to the […]

Reserve Bank lifts all curbs against HDFC Bank

11:09am, Saturday, 12'th Mar 2022 Hindustan Times
RBI order on HDFC Bank: In September last year the central bank lifted restrictions on the issue of new credit cards.
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