business
MSRDC deposit case: HDFC Bank board warns MD, CFO, imposes ₹1 lakh penalty
Archived — last updated
HDFC Bank board fines CEO and CFO Rs 1 lakh each in MSRDC deposit case; says it was a case of business overreach HDFC Bank board finds no mala fide intent in MSRDC deposit case, penalises three senior
Latest updates
MSRDC deposit case: HDFC Bank board warns MD, CFO, imposes ₹1 lakh penalty
HDFC Bank board fines CEO and CFO Rs 1 lakh each in MSRDC deposit case; says it was a case of business overreach HDFC Bank board finds no mala fide intent in MSRDC deposit case, penalises three senior executives HDFC Bank says MSRDC deposit issue was business overreach, not mala fide action.
Sources
AI-assisted summary of the reporting above. Quotes are kept to one sentence. Copyright concern? See our DMCA takedown page.
Topics
Related stories
EU considers acting on Russia shadow fleet sanctions without US support
Since Russia's full-scale invasion of Ukraine , Moscow has increasingly relied on a so-called shadow fleet to bypass Western sanctions and
France plans €4bn education spending amid debt concerns and nationwide protests
France plans €4bn for schools and €1bn for universities despite 120% debt and nationwide protests.
India raises fiscal year growth forecast to 7.3% amid Middle East instability
India's Ministry of Finance expects India's economy to grow at a pace of 7.3% in the current fiscal year based on its latest assessment of