HDFC Bank shares dropped over 2% to Rs 710 on August 27 following allegations in a US lawsuit claiming disguised payments and securities violations, which the bank firmly denies.

HDFC Bank shares remained in focus on Tuesday, with the stock dipping to ₹724.50 on the NSE from its previous close of ₹729.

HDFC Bank shares decline amid a US class-action lawsuit alleging violations of securities laws and investor losses.