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HDFC shares drop 2% over CEO uncertainty, legal woes
MUMBAI: Shares of HDFC Bank fell 2% on Thursday, with analysts citing uncertainty over the appointment of its next CEO. The bank also faces legal action in the US over alleged violations of securities laws for not disclosing adverse information related to a bulk deposits case.
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thehindubusinessline.com
HDFC Bank shares under pressure as US class action weighs on stock
HDFC Bank shares decline amid a US class-action lawsuit alleging violations of securities laws and investor losses.
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economictimes.indiatimes.com
HDFC Bank shares fall 2% to fresh 52-week low, tumble 30% in 10 months. What lies ahead?
HDFC Bank shares fell to a fresh 52-week low after a US investor filed a securities fraud class-action lawsuit against the bank and two senior executives. HDFC Bank called the…
