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BUSINESS OVERREACH HDFC
HDFC Bank fines CEO, CFO Rs 1 lakh each over MSRDC deposit caseIn a notable move, HDFC Bank has penalized senior executives and delivered warning letters after conducting an internal assessment of a dep...- 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 arrang...
- After courts, RBI, independent reviewers clear HDFC Bank; persistence of crisis narrative raises questionsHDFC Bank is facing a barrage of governance allegations and panic. However, court relief and regulatory reassurances indicate no material a...
- Uber's India data centre bet; Cyber cover meets AI riskUber will establish its first data centre in India with the Adani Group. This and more in today’s ETtech Top 5.
- Vijay Shekhar Sharma's obsession with creating a record for Paytm IPO led to a bad Day 1By 11 a.m., Sharma’s long-anticipated coming out party had turned into one of the worst opening days for a blockbuster tech listing since t...
- No system and economy can survive with having too many have-nots: Aditya PuriLong before startups became a fad, Aditya Puri sowed the seeds of the most famous startup in India’s post-liberalisation financial industry...
- ET CEO Roundtable: Build a wealthier nation with state help, industry executionPanelists at ET CEO Roundtable felt more was needed as they called on the government to speed up decisionmaking, address regulatory overrea...
- Bank crackdown takes a toll on Bitcoin tradingIndian banks are tightening the noose on two fronts: shutting bitcoin exchange accounts and restricting customers transacting in cryptocurr...
- Volatile rate signals leave bond dealers in the lurchA Few banks have raised interest rates after RBI’s repo rate hike even as yields on government bonds have eased on fresh demand from banks.
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