HDFC Bank share price jumps over 2% after RBI relief
India Today
HDFC Bank's share price jumped after the private sector lender stated on Saturday, the Reserve Bank of India (RBI), lifted restrictions on some of its activities under its digital programme.
HDFC Bank's share price on Monday jumped over two per cent. On the BSE Sensex, the share price of HDFC Bank Ltd soared to Rs 1427 and on NSE, the stock was valued at Rs 1429.
HDFC Bank's share price on the Sensex was up by 2.20 per cent or 30 points and on the NSE, it gained 2.36 per cent or 32.90 points.
You can check HDFC bank share price on Sensex at https://www.bseindia.com/stock-share-price/hdfc-bank-ltd/hdfcbank/500180/ . HDFC bank share price can be tracked on NSE at https://www.nseindia.com/get-quotes/equity?symbol=HDFCBANK .
This comes after the private sector lender stated on Saturday, the Reserve Bank of India (RBI), lifted restrictions on some of its activities under its digital programme.
"We would like to inform one and all that the Reserve Bank of India (RBI) has lifted the restriction on the business generating activities planned under the Bank’s Digital 2.0 programme, vide its letter dated March 11, 2022," HDFC Bank said in a statement.
The Digital 2.0 programme of the bank is designed to provide products to its customers for frictionless financial experience. It will help customers to move from a single transaction to a complete financial solution journey such as loan disbursement, payments and investment.
In December 2020, the RBI barred HDFC Bank from issuing new cards and launching new digital initiatives after repeated instances of technological outages at the lender, which is the market leader in the credit cards segment.
