HDFC Bank Executives Penalized for Alleged MSRDC Deposit Mobilization Irregularities
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July 28, 2026
HDFC Bank's board has levied Rs 1 lakh penalties on its MD, CFO, and Group Head, along with issuing warning letters to other staff, concerning alleged irregularities in mobilizing substantial deposits from MSRDC between 2017 and 2021, involving around Rs…