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BANKING TECHNOLOGY | Staff Reporter, India
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HDFC Bank says internet banking issues 'resolved'

Its repeated technical glitches pushed India’s central bank to take action.

India’s largest private lender, HDFC Bank, said issues related to its internet banking service are resolved, the bank’s spokesperson told Bloomberg in a text message.

“There were intermittent issues in accessing Net Banking and Mobile Banking, faced by some of our customers. The issue stands resolved,” the message read.

HDFC Bank has been facing repeated technical glitches for its netbanking platform, an issue which prompted the central bank to take rare steps which include an external audit of the bank’s technology infrastructure and curbing digital and credit card launches.

The bank’s brokerage arm, HDFC Securities, also experienced technical glitches on 1 March.

Here’s more from Bloomberg.

Photo courtesy of Wikimedia Commons (Taken by Adbh266)

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