
Aug 31, 2026
✦mint
X user questions extra verification after OTP for ₹1.05 lakh credit-card payment; what RBI rules say
An X user questioned why HDFC Bank sought extra confirmation after he authenticated a ₹1.05 lakh credit-card payment with an OTP. RBI rules allow banks to use risk-based security measures for digital payments. However, the framework does not require a second confirmation for every transaction that passed OTP authentication.