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RBI appoints external firm to audit HDFC Bank's IT infrastructure

Feb 02, 2021 14:57 IST

The Reserve Bank of India (RBI) has appointed an external professional IT firm for carrying out a special audit of the entire IT infrastructure of HDFC Bank, the private lender informed exchanges on Tuesday. RBI's move comes amid incidents of outages in the internet banking of the bank over the past two years. The Reserve Bank had in December barred HDFC Bank from launching its digital program and sourcing of new credit card customers.

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