The Dubai Financial Services Authority has barred HDFC Bank from onboarding new customers at its Dubai International Financial Centre (DIFC) branch. HDFC Bank India’s largest private sector lender said it is taking the required steps to comply with the regulator’s directive and clarified that the move is not expected to have any significant impact on its operations. Exact details of the alleged violations leading to the action against HDFC Bank were not immediately clear. HDFC Bank On Notice By Dubai Regulator In an exchange filing late on Friday evening HDFC Bank said it has received the decision notice from DFSA which points to alleged violations pertaining to financial services offered by the DIFC branch to customers not onboarded at the outlet and also in the onboarding of customers at the Dubai International Financial Centre (DIFC) Branch. The DIFC branch has 1489 customers including joint accounts HDFC Bank said. The regulatory decision will be in force till the bank gets a communication from the watchdog amending or revoking its decision in writing HDFC Bank said. The bank has already initiated necessary steps to comply with the directives in the notice and is committed to working with the DFSA to promptly remediate and address DFSA concerns at the earliest the HDFC Bank filing said. The HDFC Bank scrip had closed  0.47 per cent down at Rs 945.15 apiece on the BSE on Friday against a 0.90 per cent correction on the benchmark.  (With Inputs From PTI)