Dubai’s financial regulator has barred HDFC Bank’s Dubai International Financial Centre office from onboarding new clients or promoting financial services due to concerns over onboarding practices.
HDFC Bank barred by Dubai Financial Services Authority from onboarding new clients or undertaking fresh biz
The DFSA prohibition does not apply to the continued servicing of the bank’s existing customers and onboarding clients who may have been previously offered services. The restrictions will remain until …
UAE: Islamic Treasury Sukuk auction for September attracts bids worth $1.39bln
This transaction is part of the T-Sukuk issuance programme for 2025, as published on the MoF’s official website …
Dubai regulator bars HDFC Bank’s DIFC branch from taking new clients
The DFSA is the independent regulator of financial services conducted in or from the DIFC, a purpose-built financial free zone in Dubai, UAE.
HDFC’s Dubai Branch Operations Barred By UAE Regulator From New Client Onboarding, Bank Responds
Dubai: The Dubai Financial Services Authority (DFSA) on Saturday banned HDFC Bank‘s Dubai branch from onboarding new customers, claimed media reports. The bank said that its Dubai International …
HDFC Bank’s Dubai Branch Hits Roadblock, Regulator Stops New Client Onboarding
HDFC Bank’s Dubai branch is under scrutiny. The Dubai Financial Services Authority has restricted HDFC Bank’s Dubai International Financial Centre from onboardi …
UAE regulator bars HDFC Bank from taking on new customers at its Dubai branch
HDFC Bank complies with DFSA order, halts new client onboarding at DIFC branch, no material impact on operations.
UAE regulator bars HDFC Bank from taking on new customers at its Dubai branch
HDFC Bank complies with DFSA order, halts new client onboarding at DIFC branch, no material impact on operations.
Dubai: HDFC Bank Faces DFSA Curbs, Barred From Accepting New Clients
HDFC Bank Limited has announced that its Dubai International Financial Centre (DIFC) branch is facing restrictions from the Dubai Financial Services Authority (DFSA). Effective September 26, the …
Dubai authority bars HDFC Bank’s DIFC branch from taking new clients
The Dubai Financial Services Authority (DFSA) has barred HDFC Bank’s Dubai International Financial Centre (DIFC) branch from onboarding new clients, following regulatory concerns flagged earlier this …
UAE Regulator Freezes HDFC Bank’s Dubai Branch from New Client Onboarding Amid Scrutiny
HDFC Bank’s branch in Dubai has been restricted by the Dubai Financial Services Authority from onboarding new clients due to concerns about customer onboarding practices. , Companies, Times Now …
Ethena Stablecoin Propels UAE’s Digital Finance Ambitions with $20M Investment
M2 Capital invests $20M in Ethena stablecoin, boosting UAE’s crypto infrastructure and bridging DeFi with traditional finance for institutional adoption.
HDFC Bank’s Dubai Branch Barred From Onboarding New Clients By DFSA
Decision Notice, dated 25 September 2025, restricts the branch from providing financial services from the branch.
AlHuda CIBE Announces the 7th Global Takaful & Re-Takaful Forum 2025 in Dubai, UAE
AlHuda Centre of Islamic Banking and Economics (CIBE) proudly announces the organization of the 7th Global Takaful & Re-Takaful Forum 2025, which will take place on October 21, 2025, at the Dusit …
UAE bourses rebound as energy and financial shares climb
Stock markets in the United Arab Emirates rebounded on Friday, with Dubai leading the recovery, driven by an increase in consumer staple and financial sector stocks.
Daman UAE IPO Fund opens to retail investors with Dh 1,000 minimum subscription
Daman Investments PSC announced that the Daman UAE IPO Fund has been restructured to accept retail investors with a minimum subscription of Dh 1,000, expanding access to IPO-linked opportunities in …
Hamdan bin Mohammed Honors Graduates of Dubai Financial Experts Program
His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, Deputy Prime Minister and Minister of Defence of the UAE, and Chairman of The Executive Council of Dubai, attended …