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HDFC Bank fines CEO,CFO ₹1 lakh each for ‘business overreach’
HDFC Bank imposed a fine of ₹1 lakh each on MD CEO, CFO and group head of retail assets for “business overreach” after running an internal review into the bank’s deposit arrangements with MSRDC.
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economictimes.indiatimes.com
HDFC Bank fines CEO, CFO ₹1 lakh each after MSRDC review finds 'business overreach'
HDFC Bank has taken disciplinary action against certain employees after finding them guilty of business overreach related to deposit arrangements. As a result, three senior…
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HDFC Bank fines CEO, CFO Rs 1 lakh each over MSRDC deposit case
In a notable move, HDFC Bank has penalized senior executives and delivered warning letters after conducting an internal assessment of a deposit arrangement from 2017 and 2021. The…
