HDFC Bank share price rose 3 percent on August 18 after Reserve Bank of India (RBI) relaxed the restriction

HDFCBANK

HDFC Bank share price rose 3 percent on August 18 after Reserve Bank of India (RBI) relaxed the restriction placed on sourcing of new credit cards.

RBI has relaxed the restriction placed on sourcing of new credit cards. The restrictions on all new launches of the Digital Business generating activities planned under Digital 2.0 will continue till further review by RBI, bank said in the press release.

News source:- Moneycontrol

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