HDFC Bank has dismissed claims of governance lapses following reports alleging Rs 45 crore in differential interest payments, asserting compliance with banking regulations.
HDFC Bank claims it has robust internal oversight, audit and control processes
May 27, 2026
03:20 pm
What's the storyHDFC Bank has refuted allegations of misconduct in its internal audit and governance processes.
The bank's response comes after The Indian Express report claimed that it paid ₹45 crore to Maharashtra State Road Development Corporation (MSRDC) as differential interest rates on deposits.
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