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Inside HDFC Bank’s digital overhaul | The Morning Context

LONGREAD
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Business

Inside HDFC Bank’s digital overhaul

The country’s largest private sector bank has received brickbats from consumers and the regulator for its clunky and outdated systems. It seems to have learnt a lesson.

Ashwin Manikandan

30 May, 2023•10 min

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30 May, 2023•10 min

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Inside HDFC Bank’s digital overhaul

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LONGREAD
/
Business

Inside HDFC Bank’s digital overhaul

The country’s largest private sector bank has received brickbats from consumers and the regulator for its clunky and outdated systems. It seems to have learnt a lesson.

Ashwin Manikandan

30 May, 2023•10 min

0

30 May, 2023•10 min

0

Getting your Trinity Audio player ready...

Inside HDFC Bank’s digital overhaul

More in Business

Story image

Akasa, Air India Express or SpiceJet: plenty on offer for Adani’s airline play

Prince M. Thomas

Story image

Akasa, Air India Express or SpiceJet: plenty on offer for Adani’s airline play

A regulatory easing could see the billionaire’s conglomerate move from running airports to owning an airline—an idea he is warming up to, with multiple options open.

Prince M. Thomas

Story image

Suits and countersuits fly between IPO-bound Zetwerk and Ayr Energy

Suits and countersuits fly between IPO-bound Zetwerk and Ayr Energy

Story image

BSE and NSE’s money-with-morals indices struggle to justify their existence

BSE and NSE’s money-with-morals indices struggle to justify their existence

Story image

Ambanis double down but Reliance’s growth engines sputter

The Morning Context team

Ambanis double down but Reliance’s growth engines sputter

The Morning Context team

Story image

Tata Consumer Products struggles with Capital Foods, its most expensive buy

Tata Consumer Products struggles with Capital Foods, its most expensive buy

Story image

Groww just can’t seem to shake off its derivatives dependence

Groww just can’t seem to shake off its derivatives dependence

You may also like

Story image

Madhabi Puri-Buch’s pet project, Choti SIP, fails to take off

The Rs 250 SIP was launched last year by the former SEBI chairperson with one clear goal: financial inclusion. More than a year later, the much-hyped scheme doesn’t seem to have caught on with MF investors.

Story image

Revolut is on its way to the UAE

Europe’s largest fintech firm has its sights set on the Emirates. What can we expect?

Story image

HDFC Life is growing, just not where it matters

Aggressive expansion, continued dependence on its parent for business, and an adverse shift in the product mix weigh on profitability as well as investor sentiment.

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