razorpay / ifsc

:bank: IFSC Codes Repository
https://ifsc.razorpay.com
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HSBC Bank Oman sold its assets to Doha Bank #235

Open arupgsh opened 2 years ago

arupgsh commented 2 years ago

Hi,

The IFSC code DOHB0000001 belongs to Doha Bank, Rtgs-Ho branch(source: RBI), but in the list, it has been associated with HSBC Bank Oman S.A.O.G IMPS branch.

Also, there are other wrong assignments of IFSC codes and other details ie. HDFC0CMPLTB -> Madanapalle Co-operative Town Bank , HDFC0CMUDCB -> Madheshwari Urban Development Co-operative Bank etc.

captn3m0 commented 2 years ago

DOHB0000001

I looked up why exactly this is happening, and it's because the 4 letter code issued to Doha Bank is OIBA (https://www.npci.org.in/what-we-do/nach/live-members/live-banks).

OIBA is actually used by HSBC Bank Oman: https://ifsc.razorpay.com/OIBA0000001

Since both banks seem to be sharing a code, the code assumes that DOHB0000001 is really a OIBA branch (thus HSBC), while in reality - it is the other way around since HSBC Bank Oman sold its assets to Doha Bank.

Will get this corrected, thanks.

HDFC0CMPLTB

The data here: https://ifsc.razorpay.com/HDFC0CMPLTB matches the RBI data:

"HDFC BANK",HDFC0CMPLTB,517853202,"THE MADANAPALLE CO.OP TOWN BANK LTD","D.NO.14-174, C.T.M. ROAD, MADANAPALLE – 517325",CHITTOOR,MADANAPALLE,"ANDHRA PRADESH",8571,222012
"HDFC BANK",HDFC0CMPLTB,"THE MADANAPALLE CO.OP TOWN BANK LTD","D.NO.14-174, C.T.M. ROAD, MADANAPALLE – 517325",CHITTOOR,MADANAPALLE,"ANDHRA PRADESH",8571,222012

HDFC0CMUDCB

https://ifsc.razorpay.com/HDFC0CMUDCB

Matches the RBI data again:

"HDFC BANK",HDFC0CMUDCB,413915002,"MADHESHWARI URBAN  DEV CO OP BANK","MARKET YARD SHOPPING CENTRE, SOLAPUR ROAD, MADHA 413209",SOLAPUR,SOLAPUR,MAHARASHTRA,0,9657534155
"HDFC BANK",HDFC0CMUDCB,"MADHESHWARI URBAN  DEV CO OP BANK","MARKET YARD SHOPPING CENTRE, SOLAPUR ROAD, MADHA 413209",SOLAPUR,SOLAPUR,MAHARASHTRA,0,9657534155

Note that these banks are using HDFC to sublet an IFSC and running their operations against a single IFSC, which is why this confusion happens. See https://www.npci.org.in/what-we-do/nach/live-members/live-banks for validation.