UAE Regulator Bars HDFC Banks Dubai Branch From Onboarding New Clients
New Delhi: HDFC Bank has informed that its branch in Dubai International Financial Centre, namely ‘DIFC branch’, has received a decision notice from the Dubai Financial Services Authority (DFSA), restricting it from onboarding or soliciting new clients. Further, DIFC has also been banned from soliciting, onboarding or engaging in any financial promotions with any new…