Categories Finance/Money

HDFC Bank MD & CEO named in alleged fraud linked to Lilavati Trust: What are allegations?

HDFC Bank’s CEO, Sashidhar Jagdishan, faces allegations in a Mumbai Police FIR. The Lilavati Kirtilal Mehta Medical Trust alleges he received money to harass a trustee’s father. HDFC Bank denies the charges, linking them to a loan recovery case involving Splendour Gems. The bank claims the Mehta family is attempting to derail recovery efforts.

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