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HDFC Bank resolves issues after mobile banking app faces glitches

HDFC Bank resolves issues after mobile banking app faces glitches
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HDFC Bank embarks on 'Technology Transformation Agenda': MD tells employees

Having faced multiple episodes of digital banking glitches in the last two years, HDFC Bank has embarked on a Technology Transformation Agenda to provide safe and secure banking services to its customers.
HDFC Bank managing director Sashi Jagdishan in a letter to employees said the bank has faced five instances of downtime in last 28 months and every instance has hardened the bank s resolve to do better, keeping customers in mind.
It is to be noted that the RBI temporarily barred HDFC Bank in December 2020, from launching new digital banking initiatives and issuing new credit cards after taking a serious note of service outages at the lender over the last two years. ....

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Troubled by outages, HDFC Bank to use cutting-edge tech across businesses

After facing five instances of downtimes during the past 28 months, the country’s largest private sector lender HDFC Bank, which was pulled up by the banking regulator for several outages, has decided to implement cutting-edge technology across all lines of businesses.
In a letter to employees, Sashi Jagdishan, MD & CEO of the bank said, “.we have embarked on a scale-changing technology adoption and transformation agenda to help drive our ambitious future growth plans”. He further went on to say that, in the current financial year, there will be some pandemic-related challenges for sure. But, the broad macro opportunities continue to present themselves across the retail, MSME and Corporate Banking for the bank across geographies’ like semi-urban and rural markets. Apart from this, Jagdishan assured the employees that this year too the bank will follow its normal practice in so far as the compensation cycle is concerned. ....

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HDFC Bank embarks on Technology Transformation Agenda: MD tells employees

HDFC Bank embarks on Technology Transformation Agenda: MD tells employees
New Delhi, Apr 19: Having faced multiple episodes of digital banking glitches in the last two years, HDFC Bank has embarked on a ‘Technology Transformation Agenda’ to provide safe and secure banking services to its customers.
HDFC Bank managing director Sashi Jagdishan in a letter to employees said the bank has faced five instances of downtime in last 28 months and every instance has hardened the bank’s resolve to do better, keeping customers in mind.
It is to be noted that the RBI temporarily barred HDFC Bank in December 2020, from launching new digital banking initiatives and issuing new credit cards after taking a serious note of service outages at the lender over the last two years. ....

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HDFC Bank embarks on Technology Transformation Agenda: MD Sashi Jagdishan to employees

HDFC Bank embarks on Technology Transformation Agenda: MD Sashi Jagdishan to employees
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