HDFC Bank Experiences Net Banking Snags Day After RBI Curbs
An HDFC Bank branch in Mumbai, India.
Photographer: Dhiraj Singh/BloombergThis article is for subscribers only.
HDFC Bank Ltd.’s internet banking services for some users went down a day after the regulator penalized the second-largest Indian lender for repeated technical glitches.
The bank said online payments via the Unified Payments Interface were down for 30 minutes on Friday, though customers tweeted of being locked out from some services of net banking for several hours during the day. Separately, State Bank of India, the nation’s biggest lender by assets, also reported glitches at its online platform.