27 Sep 2025 | 5 Mins Read
Dubai regulator restricts HDFC Bank’s DIFC branch from new clients
Flipitmoney
HDFC Bank's Dubai branch was directed by the Dubai Financial Services Authority (DFSA) to restrict onboarding new clients, effective September 26, 2025. The restrictions cover various financial services due to concerns over non-onboarded clients and inadequate onboarding processes. 1,489 onboarded customers can continue to be serviced; no significant financial impact is expected.