financetom
Business
financetom
/
Business
/
HDFC Bank digital banking services feel the Monday blues
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
HDFC Bank digital banking services feel the Monday blues
Mar 1, 2021 10:56 AM

Customers of HDFC Bank had a harrowing time on Monday (March 1), with intermittent issues in accessing the net and mobile banking services once again.

The customers were not able to carry out online transactions as the net and app banking service load were more than their capacity. Many said there were issues related to its UPI service as well.

Customers had to take to social media to complain that they were not able to use the net and mobile banking services of the HDFC Bank.

Later, after resolving the problem, the country’s largest private sector bank issued an apology for the “inconvenience”, caused to the customers.

“There were intermittent issues in accessing Net Banking/Mobile Banking, faced by some of our customers. The issue stands resolved. We apologise for any inconvenience caused to some of our customers,” read a statement issued by the HDFC Bank.

This is not the first time that such interruptions occurred in the HDFC Bank’s digital services. On November 21 last year, the bank’s internet banking and payment system were found to be flawed because of a power failure in its primary data centre. At the time, the Reserve Bank of India (RBI) had imposed a fine of Rs 10 lakh on the HDFC Bank.

The RBI had said that the bank's internet banking, mobile banking, and payment utilities have been facing frequent interruptions for two years.

The RBI had also ordered it to stop all digital launches, including new credit and debit cards. This temporary order is still in force.

This is the third major setback for the bank in two years.

The RBI order is a big setback for the bank, which is preparing to launch digital channels as part of its Digital 2.0.

The RBI has also appointed a professional audit company to check the bank's IT infrastructure.

(Edited by : Abhishek Jha)

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
--Google Debuts AR Glasses at I/O Conference
--Google Debuts AR Glasses at I/O Conference
May 26, 2025
02:12 PM EDT, 05/20/2025 (MT Newswires) -- Price: 166.87, Change: -1.00, Percent Change: -0.60 ...
Exclusive-China's CMOC calls on Congo to lift cobalt export ban, sources say
Exclusive-China's CMOC calls on Congo to lift cobalt export ban, sources say
May 26, 2025
JOHANNESBURG/ LONDON (Reuters) - China's CMOC Group, the world's top cobalt mining company, called on Democratic Republic of Congo last week to lift a ban on exports of the battery metal, which is currently due to expire next month, three sources told Reuters. Congo, the world's leading cobalt producing country, imposed the four-month ban in February in an attempt to...
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Aug 17, 2025
SYDNEY, Aug 18 (Reuters) - Google agreed on Monday to pay a A$55 million ($35.8 million) fine in Australia after the consumer watchdog found it had hurt competition by paying the country's two largest telcos to pre-install its search application on Android phones, excluding rival search engines. The fine extends a bumpy period for the Alphabet-owned internet giant in Australia,...
LME WEEK-Antofagasta kicks off copper talks in Asia, flat fees on table in China, sources say
LME WEEK-Antofagasta kicks off copper talks in Asia, flat fees on table in China, sources say
May 26, 2025
HONG KONG, May 20 (Reuters) - Flat fees for turning copper concentrate into metal have emerged as a potential starting point for mid-year talks between Antofagasta ( ANFGF ) and Chinese smelters due to tight supplies of mined material, two sources familiar with the matter said. Historically, miners have paid smelters to convert copper concentrate into metal. But massive shortages...
Copyright 2023-2026 - www.financetom.com All Rights Reserved