What made HDFC’s big boss write the Reserve Bank a thank-you note

HDFC Bank's CEO Sashidhar Jagdishan in in company-wide communique said the central bank's RBI embargo enabled the bank to reimagine its IT systems and processes and “turbo-charge” the pace of its technology transformation. Jagdishan reiterated the bank’s plan to be “back with a bang” in the card space and regain lost market share.

from Banking/Finance-Industry-Economic Times https://ift.tt/3swamL5