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HDFC Bank shares rise as legal review finds no evidence backing ex-chairman’s allegations
HDFC Bank shares climb 1.16% after a legal review clears the former chairman's allegations, boosting investor confidence.
TL;DRAI
HDFC Bank's independent legal review found no evidence backing ex-chairman Chakraborty's ethics allegations; stock gained 1.16%. Compressed governance risk premium reopens banking partnerships for tech enterprises; analyst upgrades signal restored fintech credibility.
450 words~2 min read
