As per media reports, the Reserve Bank of India (RBI) has partially lifted restrictions placed on HDFCB in Dec'20, and has allowed the bank to source new Credit Cards. However, the restrictions on new digital application launches will continue. The RBI's move addresses the key overhang as HDFCB is the largest Credit Card issuer in the country, and this segment is key to the bank's overall profitability. In recent quarters, the bank reported a moderation in fee income/NII, affected by...