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“As a Bank we are certainly sorry for what has happened and have taken this as an opportunity to improve and redouble our efforts to fix this problem for good,” HDFC Bank's managing director and CEO, Shashidhar Jagdishan said.
2nd Covid wave may leave Rs 2 lakh crore dent on eco output: RBIThe RBI’s output loss is factored into its revised GDP forecast in the latest monetary policy estimates, where it slashed growth projections from 10.5% to 9.5%. The state of the economy report released on Wednesday said the p… Read MoreUK Fund Apis, IIFL Asset, Lok invest $45 million in RenewBuyThis is RenewBuy's third round of equity raising. The company plans to upgrade its technology capabilities to expand its customer base 10 times to around 25 million in the next five years. Policybazaar currently has over 11 m… Read MoreHow HDFC Bank plans to tackle tech glitchesHDFC 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 sorted out its tech problems.
from Stocks-Markets-Economic Times https://ift.tt/3gHVFi… Read MoreIBBI plans a best practice Code for Committee of creditorsIndian Institute of Insolvency Professionals of ICAI (IIIPI) has submitted a report to IBBI, which is said to be in discussion with various stakeholders including the Reserve Bank of India, Indian Banking Association (IBA) an… Read MoreChairman & CEO: Satya Nadella gets top job at MS OfficeMove a vote of confidence in Nadella under whose watch Microsoft's m-cap jumped 600% and revenues nearly doubled
from Stocks-Markets-Economic Times https://ift.tt/3gKXpY2
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