HDFC Down: ‘RBI seeks details from HDFC Bank following outage at data centre’ | India Business News – Times of India

NEW DELHI: The Reserve Bank of India (RBI) has asked for an explanation from the HDFC Bank following a disruption in its digital services from Saturday evening to early Sunday morning, sources told on Monday. “The banking regulator (RBI) has asked about the details of outage,” people familiar with the matter said. One of … Read more

Operation of some banks temporarily halted due to power issue at data centre on Saturday – Times of India

NEW DELHI: Operation of some banks including HDFC Bank were temporarily impacted on Saturday due to power outage at Dhirubhai Ambani Knowledge CITY (DAKC), in Navi Mumbai which has data centres of several companies. However, power was later restored and banking services were functioning normally, sources said. According to sources, banking operations are now up … Read more

Five of top-10 companies lose Rs 1,07,160 cr in m-cap; Reliance Industries top laggard – Times of India

NEW DELHI: Five of the 10 most valued domestic firms suffered a combined loss of Rs 1,07,160 crore in market valuation last week, with Reliance Industries Ltd (RIL) emerging as the biggest loser. Tata Consultancy Services Ltd (TCS), HUL, Infosys Ltd and ICICI Bank Ltd were the other bluechip firms that witnessed a drop in … Read more