"Reject Wrongdoing" HDFC Bank's Official Statement After Alleged Extra Payment of ₹45 Crore MSRDC

By NDTV Profit

Community Score: 50% | 779 views | 2d

0 community ratings: null thumbs up, null thumbs down

HDFC Bank Ltd has denied any allegations of wrongdoing and said it has a ''robust internal oversight, audit and control processes'' after a media report alleged that the lender paid higher interest to a state-owned company. Rejecting the news report, India's largest private sector lender said that it handles all issues in accordance with established norms. ''Full process is always followed before final determination post any internal review. We strongly reject any assumptions of wrongdoing or culpability based on selective material," said HDFC Bank in a statement on May 27. #hdfcbank #hdfc #stockmarket #business #ndtvprofitvideo For more videos subscribe to our channel: https://www.youtube.com/@NDTVProfitIndia Visit NDTV Profit for more news: https://www.ndtvprofit.com/ Don't enter the stock market unaware. Read all Research Reports here: https://www.ndtvprofit.com/research-reports Follow NDTV Profit here Twitter: https://twitter.com/NDTVProfitIndia , https://twitter.com/NDTVProfi

Tags: ndtv profit, stock market, stock market news, stock market india, stock market today, today stock market news, share market live, share market live today, share market news live, today share market news, top stocks in focus, top stocks to buy, nifty live, union budget news, finance news, latest finance news, business news, latest business news, business news today, hdfc

More from NDTV Profit

  • UAE Quits OPEC Group Amid Iran War Crisis: What It Means For The Oil Market? — Score: 50%
  • 'Prove Bias Through Election Petition': Calcutta HC Rejects TMC's Plea On County Duty — Score: 50%
  • Federal Bank Q4: What Highest Ever Quarterly Net Profit Means For Investors — Score: 50%
  • TMC Releases Alleged EVM Tampering Video, Blames BJP & EC Over Alleged Tampering — Score: 50%
  • Blackstone-Backed Bagmane Prime Office REIT Opens IPO: What Can Investors Expect — Score: 50%
  • Mamata's EVM Showdown In Kolkata | TMC Alleges Poll Manipulation | West Bengal Exit Poll Results — Score: 50%