Supreme Court seeks police and CBI response on Lilavati Trust's plea against HDFC chiefThe Supreme Court is examining an appeal by Lilavati Kirtilal Mehta Medical Trust, which had accused HDFC Bank MD Sashidhar Jagdishan of br...
HDFC Bank shares fall 5% in two sessions; lender responds to recent Rs 45 crore differential payment reportHDFC Bank shares dropped for a second day following a report of an internal investigation into Rs 45 crore in payments disguised as marketi...
HDFC Bank denies allegations of disguising interest payoutHDFC Bank stands resolutely against accusations of misconduct as an investigative report alleges that it masked differential interest payme...
HDFC Bank shares fall 2% on reports of internal probe over Rs 45 cr interest paymentsHDFC Bank shares fell after a report revealed an internal investigation into Rs 45 crore payments to Maharashtra State Road Development Cor...
HDFC Bank 'strongly' rejects Rs 45 cr payment route wrongdoingHDFC Bank has strongly denied media reports alleging wrongdoing. The bank stated its internal oversight, audit, and control systems are rob...
Smaller banks find it harder to hit a home runLarger banks are dominating the home loan market. Mid-sized private banks are struggling as competition squeezes profits. State Bank of Ind...
Bombay HC quashes FIR against Sashidhar Jagdishan, calls it ‘abuse of criminal process’The Bombay High Court has quashed a police complaint against HDFC Bank MD Sashidhar Jagdishan. The court found the FIR to be a counterblast...
HDFC Bank's review finds no major governance concerns after chairman Atuna Chakraborty's exit, sources sayHDFC Bank's governance review is nearing completion. Law firms are expected to report no significant issues. This development paves the way...
HDFC Bank shares jump over 3% as report finds no governance concerns post chairman exitHDFC Bank shares surged over 3% following a Reuters report indicating independent legal reviews found no major governance lapses. This ease...
HC quashes Lilavati Trust's bribery case against HDFC Bank CEOThe Bombay High Court has dismissed a bribery case against HDFC Bank MD Sashidhar Jagdishan. The court ruled the complaint was a reaction t...
RBI to review board agendas, push focus on policy over operationsThe Reserve Bank of India is set to update bank board guidelines with an aim to shift board focus from daily operations to policy matters. ...
HDFC Bank chairman's sudden exit exposes leadership strains at top Indian lenderHDFC Bank's chairman Atanu Chakraborty resigned citing values and ethics differences. This led to a significant stock drop and put CEO Sash...
HDFC Bank chairman Atanu Chakraborty quit due to 'power struggle' with CEO Sashidhar Jagdishan: ReportHDFC Bank's chairman Atanu Chakraborty resigned abruptly due to a power struggle with CEO Sashidhar Jagdishan, stemming from strategic disa...
HDFC Bank appoints external law firms to probe Atanu Chakraborty's exitHDFC Bank is reviewing the resignation of its chairman, Atanu Chakraborty. The bank has appointed external law firms to investigate the mat...
HDFC Bank to review decisions, ensure full transparency: CEO, Sashidhar JagdishanHDFC Bank is set to convene board meetings with the intention of scrutinizing its previous resolutions. The focus is on fostering transpare...
SC declines to quash FIR against HDFC Bank MD Jagdishan, refuses to interfere in Bombay HC's proceedingsThe Supreme Court has declined to intervene in the case against HDFC Bank CEO Sashidhar Jagdishan. He is accused of fraud related to Lilava...
Thank you, RBI for embargo: HDFC Bank CEO Sashidhar JagdishanHDFC Bank CEO Sashidhar Jagdishan has said that the RBI embargo has enabled the bank to reimagine its IT systems and processes and “turbo-c...