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Source: Economic Times

Economic Times
Source
Appointments & Movements
Category
4 min
Read time
27 Jul
Published
Appointments & Movements
4 min read· Economic Times

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 bank's board determined that the actions were categorized as business overreach, lacking any improper intentions. Consequently, three senior…

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 bank's board determined that the actions were categorized as business overreach, lacking any improper intentions. Consequently, three senior

#HDFC
Source: Economic Times