HDFC Bank penalises CEO, CFO after MSRDC review
3 sources·Updated July 27, 2026
HDFC Bank penalties
Covered by 3 sources
- Times of India Top·1h ago'Extra payout' to Maharashtra PSU: HDFC board slaps Rs 1 lakh fines on MD, CFO
HDFC Bank's board penalized top executives over deposit arrangements with MSRDC. The internal review found business overreach but no personal gain or mala fide intent. Top executives received nominal penalties and warning letters following the review's recommendations. This…
Read at Times of India Top → - Business Today IN·12h agoHDFC Bank penalises top officials, including CEO & CFO, in MSRDC case. Here’s why
The country’s largest private sector lender said that the conduct of the employees involved constituted business overreach rather than any mala fide action.
Read at Business Today IN → - Business Today IN·13h agoHDFC Bank concludes internal review into MSRDC deposit arrangements; CEO, CFO among 3 fined Rs 1 lakh
In a regulatory filing, the private sector lender said the review was carried out by a Special Disciplinary Committee of Independent Directors.
Read at Business Today IN → - Economic Times India·14h agoHDFC Bank penalises CEO, CFO after MSRDC reviewRead at Economic Times India →
