HDFC Bank Ltd. , India’s biggest private-sector lender, was ordered to suspend planned digital launches and the addition of new credit card customers after multiple outages. Under the order, the Reserve Bank of India asked that the lender’s board “examines the lapses and fixes accountability,” HDFC Bank said in an exchange filing Thursday. […] Shares of the Mumbai-based bank fell after the announcement. […] Digital financial transactions have surged to a record high in India as the coronavirus pandemic pushes customers online. […] Shares of HDFC Bank fell 0.7% in Mumbai, after earlier climbing as much as 1.8%.
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