HDFC Bank Board Penalizes Top Executives Over MSRDC Deposit Irregularities
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July 28, 2026
HDFC Bank's board has levied penalties on its MD, CFO, and a Group Head, alongside issuing warning letters to other staff, concerning alleged irregularities in mobilizing deposits from MSRDC between 2017 and 2021, involving Rs 45 crore in "marketing…