New Delhi, Sept. 29 -- HDFC Bank announced that its Dubai International Financial Centre (DIFC) branch has received a decision notice from the Dubai Financial Services Authority (DFSA), barring it from onboarding or soliciting new customers.

The company has bagged a $73.47 million ( Rs.651 crore) contract from Mitsubishi Heavy Industries for turbine airfoils, bringing the total value of agreements between the two firms over the past five years to $156.36 million ( Rs.1,387 crore).

The company has made a natural gas discovery at its Vijayapuram-2 exploratory well in the Andaman Shallow Offshore Block. Initial tests have indicated inflows, and additional evaluations are being carried out to determine the find's potential.

The company ann...