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MIS SELLING ALLEGATIONS
HDFC Bank shares after Jagdishan: What lies ahead for the country’s largest private lender?HDFC Bank's CEO Sashidhar Jagdishan plans to retire in October 2026 following a major merger, leaving investors eager for details on his su...- HDFC Bank faces governance test as CEO exit raises questionsHDFC Bank, long regarded as a cornerstone of financial sector, is now under scrutiny for its governance and ethical practices. Recent alleg...
- HDFC Bank CEO search tests governance & investor confidenceHDFC Bank's chief executive will not seek reappointment after October twenty-sixth. This succession occurs amid ongoing governance scrutiny...
- 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 sen...
- Home loan portfolio set to cross Rs 10 lakh cr milestone this quarter: SBI ChairmanThe mortgage portfolio of State Bank of India is set to hit a monumental Rs 10 lakh crore this quarter, highlighting its robust role in the...
- Sidbi net profit rises 14pc to record Rs 5,493 crore in FY26Sidbi achieved a record net profit of Rs 5,493 crore in FY26. Its balance sheet and asset base saw significant growth during the financial ...
- Carlisle Investors to approach PMO over alleged HDFC Bank mis-sellingInvestors are planning to write to the Prime Minister's Office this week. They allege mis-selling and substantial losses from a Carlisle pr...
- Ind review finds no merit in ex-HDFC Bank chief Atanu Chakraborty's claimsHDFC Bank's extensive legal review found no evidence in board records to support concerns raised by former Chairman Atanu Chakraborty's res...
- SBI employees' federation stages dharna in Kolkata, plans nationwide strike on May 25-26State Bank of India Staff Federation protested in Kolkata demanding recruitment and an end to mis-selling insurance. Employees will strike ...
- Dubai regulator probe found HDFC’s DIFC branch kept quiet for 5 years, failed to meet integrity standardsBanks own ethics panel found high number of regulatory breaches while onboarding clients; Deloitte, Kroll also had conducted probe. Funding...
- HDFC Bank penalises 12 execs for role in mis-selling AT1 bondsHDFC Bank has penalized at least 12 senior and mid-level executives, including Ashish Parthasarthy, for their alleged role in the mis-selli...
- More trouble brewing? HDFC Bank fires 3 executives for mis-selling bonds, says reportHDFC Bank fired three senior executives, including Sampath Kumar, over alleged mis-selling of Credit Suisse AT-1 bonds to NRIs. The controv...
- SAT stays Sebi's order on Yes Bank's former MD Rana KapoorThe interim relief came after capital markets regulator Sebi in July issued a demand notice to Kapoor, warning arrest and attachment of his...
- Sebi issues Rs 2.2 cr demand notice to Yes Bank's former MD Rana KapoorThe case relates to mis-selling of the bank's AT1 (Additional Tier-1) bonds to retail investors by the bank's officials. It was alleged tha...
- Byju's to adopt internal sales model amid allegations of mis-sellingThis model, the company said in a statement, will ensure more accurate customer identification, clearer communication and guard against mis...
- Sebi probes MFs owned by banks amid allegations of mis-sellingMost domestic banks such as SBI, ICICI, HDFC, Axis, Kotak, Bank of Baroda and Union among others own mutual funds or have majority stakes i...
- How to fight for your financial rightsWhether it is banking, insurance or real estate, it is easy to be taken for a ride. Find out how you can protect your rights.
- Banks should have separate wealth management unit: RBI draftThe Reserve Bank of India (RBI) has proposed tough norms for banks involved in wealth and portfolio management services (W/PMS).
- RBI plans to ban incentives for third party product salesReserve Bank of India is planning to put a blanket ban on the practice of earning incentives by bank officials for selling third party prod...
- Customers remain victims of mis-selling: Deepak ParekhMany customers continue to be victims of unscrupulous practices like mis-selling of products, especially in the financial sector, HDFC's De...
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