RBI appoints tech firm to carry out IT infra audit of HDFC Bank
RBI's recent order comes after it advised HDFC Bank to temporarily stop all new launches of digital business generating activities planned under its programme Digital 2.0 on December 3, 2020
- Feb 2, 2021,
- Updated Mar 30, 2021 2:33 PM IST
After the Reserve Bank of India (RBI) directed HDFC Bank to stop all launches of digital business generating activities after a series of outage incidents, the apex bank has appointed an IT firm for carrying out a special audit of the entire IT infrastructure of India's biggest private lender. The name of the 'IT firm' has not been disclosed so far.
"RBI has appointed an external professional IT firm for carrying out a special audit of the entire IT infrastructure of the Bank under Section 30 (1-B) of the Banking Regulation Act, 1949 ("the Act"), at the cost of the Bank under Section 30 (1-C) of the Act," HDFC Bank said in a stock exchange filing today.
The bank said it will extend its cooperation to the external professional IT company appointed by the RBI.
The RBI's recent order comes after it advised HDFC Bank to temporarily stop all new launches of digital business generating activities planned under its program Digital 2.0 on December 3, 2020.
After the Reserve Bank of India (RBI) directed HDFC Bank to stop all launches of digital business generating activities after a series of outage incidents, the apex bank has appointed an IT firm for carrying out a special audit of the entire IT infrastructure of India's biggest private lender. The name of the 'IT firm' has not been disclosed so far.
"RBI has appointed an external professional IT firm for carrying out a special audit of the entire IT infrastructure of the Bank under Section 30 (1-B) of the Banking Regulation Act, 1949 ("the Act"), at the cost of the Bank under Section 30 (1-C) of the Act," HDFC Bank said in a stock exchange filing today.
The bank said it will extend its cooperation to the external professional IT company appointed by the RBI.
The RBI's recent order comes after it advised HDFC Bank to temporarily stop all new launches of digital business generating activities planned under its program Digital 2.0 on December 3, 2020.