India's central bank asks HDFC Bank to halt sourcing new credit card customers

India's central bank asks HDFC Bank to halt sourcing new credit card customers

Photo: Pradeep Gaur/Mint

In a big blow to HDFC Bank, the Reserve Bank of India (RBI) has asked the private sector lender to temporarily stop all launches of its digital business generating activities under “Digital 2.0″ programme along with sourcing of new credit card customers.

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