Country largest private sector lender, HDFC Bank conducted a Business Continuity Plan (BCP) drill in Ahmedabad in which the bank processed a record 1,61,373 instruments worth Rs 1130 crore in a single day.
The drill was carried out under the guidance of the Reserve Bank of India (RBI) to check the manual processing capacity and readiness of its back-up centre, in case of any disruption in the electronic clearing system in the future, HDFC Bank said in a statement.
HDFC Bank's back-up centre in Ahmedabad is the first bank to conduct the BCP exercise on a weekday, without placing any restriction on banks on presentation. Over 300 representatives from 88 member banks participated in the drill.
These BCP drills are conducted to ensure continuity and recovery of critical business processes in emergency situations, and limit their impact on people, processes and infrastructure.