RBI lifts innovation prohibition on HDFC Bank

The RBI has permitted HDFC Bank to source new charge cards according to a letter shipped off the bank on August 17.

The Reserve Bank of India (RBI) on August 17 to some extent lifted its innovation prohibition on HDFC Bank successful today.

The RBI has permitted HDFC Bank to source new charge cards according to a letter shipped off the bank on August 17, CNBC-TV18 revealed.

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