Brief: HDFC Bank Says Conclusion Of An Internal Review Process Pertaining To The Arrangement With Maharashtra State Road Development Corporation
27/07/2026 11:29
BRIEF-HDFC Bank Says Conclusion Of An Internal Review Process Pertaining To The Arrangement With Maharashtra State Road Development Corporation July 27 (Reuters) - HDFC Bank Ltd HDBK.NS:
HDFC BANK - CONCLUSION OF AN INTERNAL REVIEW PROCESS PERTAINING TO THE ARRANGEMENT WITH MAHARASHTRA STATE ROAD DEVELOPMENT CORPORATION
HDFC BANK - CONCLUDED THAT CONDUCT OF EMPLOYEES INVOLVED CONSTITUTED BUSINESS OVERREACH RATHER THAN MALA FIDE ACTION, PERSONAL ENRICHMENT OR IMPROPER MOTIVE
HDFC BANK - THE BOARD FURTHER DIRECTED THAT THE MATTER BE COMMUNICATED TO THE RESERVE BANK OF INDIA
HDFC BANK- ISSUE WARNING LETTERS AND MONETARY PENALTY OF 100,000 RUPEES FOR 3 SENIOR EMPLOYEES AND WARNING LETTERS FOR REMAINING EMPLOYEES
Further company coverage: HDBK.NS
((Reuters.Briefs@thomsonreuters.com;))
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