With partial lifting of ban, HDFC Bank is back in the game as far as credit cards business is concerned. The audit of the bank’s IT systems is also complete and the matter should get fully resolved soon. The bank now embarks on its digital journey, driving the stock price upwards.
RBI’s order adversely impacted bank’s earnings in Q1 FY22
IT firm Mphasis and sound-based proximity communication provider ToneTag on May 16 announced a strategic partnership to provide a range of digital banking solutions for the banking and retail industries