The RBI Governor made this comment after the central bank on Thursday asked HDFC Bank to temporarily stop all launches of its upcoming digital business-generating activities and sourcing of new credit card customers after recent service outages

The RBI has advised HDFC Bank to temporarily stop all launches of the digital business generating activities planned under its program Digital 2.0, other proposed business generating IT applications and new credit card issuance

HDFC Bank share was trading higher than 20, 50, 100 and 200-day moving averages but lower than 5-day moving averages. HDFC Bank stock has fallen 4% in the last 3 days of straight losses

RBI asked HDFC Bank Ltd to temporarily stop all launches of its upcoming digital business-generating activities and sourcing of new credit card customers, in view of the bank's frequent outages in its digital payment services

RBI's order has come in the wake of rising outages in internet banking/mobile banking/payment utilities of the bank in the past two years

Under Digital 2.0, there are also partnerships planned with technology companies and fintech players to offer seamless services

The Reserve Bank of India issued an order with respect to certain incidents of outages in internet banking/mobile banking/payment utilities of the bank over the past two years

PM Modi had said that India must not weaken the fight against coronavirus till a COVID-19 vaccine is developed and release for use

In a review meeting taken following last Monday's power outage, Maharashtra Chief Minister Uddhav Thackeray had asked all stakeholders to expedite the project by adhering to the timelines

The images tweeted by Anand Mahindra show a modified Bolero with book shelves in a glass cabinet, owned by the Guru Gobind Singh Study Circle, a socio-religious organisation

The business tycoon who is a regular on the social media keeps sharing interesting and sometimes humorous takes on social and civic issues

Maharashtra's Energy Minister Nitin Raut on Monday said that power supply has been restored in most parts of the state capital

The power outage caused by a grid failure affected neighbourhoods and suburbs throughout Mumbai, obstructing people's daily lives

Local trains and metro services were disrupted as the financial capital of India, Mumbai, suffered a two hour blackout in the morning. CCTVs and traffic signals were also down throwing life out of gear. Some of the places affected in Mumbai were Colaba, Mahim, Bandra and several other areas from Mumbai to Thane in Maharashtra. Power in Mumbai city was restored after about two hours. Union power ministry sources have said that the primary cause of the power outage in Mumbai seems to be a local failure. Watch the video for more.Also Read: Mumbai power cut: Massive outage in financial capital; trains halted, BSE, NSE working normally

Power cut in Mumbai: \"The electric supply is interrupted due to TATAs incoming electric supply failure.  Inconveniences is regretted,\" says BSET Electricity

Reliance Industries on Friday announced that KKR would invest Rs 11,367 crore into Jio Platforms at an equity value of Rs 4.91 lakh crore and an enterprise value of Rs 5.16 lakh crore; Calling India's Rs 20.9 lakh crore stimulus inadequate in providing for recovery of an economy pummelled by COVID-19, former RBI Governor Raghuram Rajan has said the package gives free foodgrains but migrant workers, rendered jobless by lockdown, need money to buy milk, vegetables and cooking oil and pay rent; Power outage and frequent fibre cuts have disrupted telecom connectivity in Cyclone Amphan hit areas, particularly Kolkata, North and South 24 Pargana districts of West Bengal. Watch this and more on News Blast.Also Read: RBI rate cut: For home loan of Rs 50 lakh, EMI to reduce by this much

Mukesh Ambani scores 5th cheque! KKR to invest Rs 11,367 cr into Jio PlatformsReliance Industries on Friday announced that KKR would invest Rs 11,367 crore into Jio Platforms at an equity value of Rs 4.91 lakh crore and an enterprise value of Rs 5.16 lakh crore. This is KKR's largest investment in Asia and will translate into a 2.32 per cent equity stake in Jio Platforms on a fully diluted basis. KKR is making the investment from its Asia private equity and growth technology funds...

The total number of fatalities reported includes 19 from Kolkata, 17 from North 24 Parganas, 14 from the South 24 Parganas-Sunderban region and 10 from Basirhat, officials said

The cyclone-hit areas have around 8,500 mobile towers on which around 36,000 base stations of different operators run

Power System Operations Corp Ltd, the government agency tasked with managing the grid, has mapped out all of the country's lighting load and has estimated it be to be around 12-13 gigawatts