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The Times of India

Business

PTI

HDFC Bank begins offline payment pilot under RBI sandbox

HDFC Bank RBI Mumbai

MUMBAI: The country's largest private sector lender HDFC Bank on Monday said it is attempting to execute digital payments in an offline mode under a regulatory facility to test innovations.

Apart from executing transactions in no network areas, such a facility will be of help in urban pockets experiencing bad networks and also in aircraft, according to a statement.

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Iranian fishermen hunt for iPhones and perfumes after cargo ship sinks in Hormuz

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One subscription that gives you access to news from hundreds of sites

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Iranian fishermen hunt for iPhones and perfumes after cargo ship sinks in Hormuz

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