Tag: HDFC
JPMorgan, Indian banks team on blockchain-powered settlement system
JPMorgan has teamed with Indian banks to test the potential of blockchain technology to provide 24/7 settlement services for Indian FIs.
Reserve Bank of India fines HDFC INR 10m for KYC/AML fines
The Reserve Bank of India (RBI) has deployed an INR 10 million ($143,570) fine on HDFC Bank for failing to meet KYC and AML compliance and the reporting of frauds.
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