UPI faces outage, multiple bank servers downMultiple users took to social media channels to flag concerns around UPI payments not going through. When ET tried to make a payment, a mes...
06 Feb, 2024, 11.43 PM IST
UPI payments failing amid server outages; multiple banks affectedReports of UPI outage have poured in from various places as users struggle with digital payments. Major platforms like Google Pay, PhonePe,...
06 Feb, 2024, 08.44 PM IST
HDFC Bank to set up 'digital and enterprise factories' to curb outagesHDFC Bank, India's largest private sector lender, plans to hire 500 people from diverse backgrounds—from data analytics and cloud computing...
22 Jun, 2021, 09.45 PM IST
HDFC Bank tackling tech glitches, awaits RBI cues on easing of curbsHDFC Bank, which issues nearly 150,000 credit cards a month, was directed by the RBI in December to stop issuing fresh cards until it had s...
18 Jun, 2021, 10.40 AM IST
HDFC Bank app suffers hour-long outage due to unspecified issues"The issues around mobile banking app is now resolved. Customers can now use NetBanking and Mobile Banking app for transactions," an HDFC B...
15 Jun, 2021, 10.13 PM IST
RBI may continue its curbs on HDFC Bank following technical glitches“Due to the recent outage, we believe the chances of an adverse report increases and hence the ban on issuance of new credit cards and laun...
02 Apr, 2021, 06.32 AM IST
Digital outage hits HDFC Bank customers againIn December 2020, the RBI had barred HDFC Bank from new digital launches and issuance of fresh credit cards until it addressed its digital ...
31 Mar, 2021, 08.30 AM IST
RBI appoints external firm to audit HDFC Bank's IT infra in view of service outagesLast month, HDFC Bank had submitted a detailed plan of action to the RBI to address repeated service disruption issues due to outage, sayin...
02 Feb, 2021, 12.15 PM IST
HDFC Bank submits plan of action to RBI, hopes to fix outage issue in 3 monthsThe action plan will take 10-12 weeks for implementation, and further timeframe will depend on the RBI's inspection. Based on the satisfact...
22 Jan, 2021, 04.29 PM IST
HDFC Bank submits outage control planThe bank is working on multiple immediate and long-term solutions as part of its internal review. “The action plan that the bank is working...
19 Jan, 2021, 08.20 AM IST
RBI intervention may increase to check bank system outages: ReportEmkay feels that the RBIs overall audit process and post-audit approval and implementation process at HDFC Bank may take 3 to 6 months.
17 Dec, 2020, 07.34 PM IST
ICICI Bank tells analysts technical outages can happen anytime, banks can only reduce probabilityICICI bank recently hosted its analyst day where the bank showcased their digital capabilities around each of their business verticals and ...
07 Dec, 2020, 12.12 PM IST
Not a tangled web we must weave, RBI tells banks & their proxiesCustomer protection and complaints resolution become key policy action items for the central bank as frequent service outages at top lender...
04 Dec, 2020, 04.54 PM IST
HDFC Bank's problems may be linked to growing too fastHDFC Bank is the largest credit card issuer with 1.49 crore cards is use according to RBI data. It is also one of the largest banks with re...
03 Dec, 2020, 07.30 PM IST
Restrictions on HDFC Bank after outage: What RBI's order means, and likely impact on customersThe RBI order comes after another recent major outage, the third such instance in a span of two years, at HDFC Bank which is the country's ...
03 Dec, 2020, 12.51 PM IST
HDFC Bank falls over 1% after RBI bars it from issuing fresh credit cardsThe order was issued on Wednesday after the banking regulator took note of recent outages in the bank’s internet banking and payment system...
03 Dec, 2020, 11.54 AM IST
HDFC Bank outage: RBI seeks detailsThe regulator has sought details behind the data centre outage that meant services on the Unified Payments Interface (UPI), ATMs and card c...
23 Nov, 2020, 09.41 AM IST