News Update

HDFC Bank App Goes Down For One Long Hour On Tuesday


After launching its first app, for easing digital transactions, HDFC bank app goes down for a full one hour. HDFC, is India’s largest private bank lender, and so they obviously want to be the leader in digital transactions as well, but these continuous  disruptions continue to be a hurdle in their way of becoming number 1.

HDFC tweeted from it’s official twitter handle and asked their users for some patience while regretting the inconvenience caused. The reason for the downtime is still unknown. After the issue was resolved, they again tweeted to inform that customers can now use Net Banking and Mobile App for online transactions. The bank has already been under intense regulatory scrutiny due to repeated outages in its banking services. It holds a 10% market share of loans and a significant 40% market share in the retail payments space.

 

 

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