Categories Finance/Money

HDFC Bank to take legal action after fraud allegations against CEO Sashidhar Jagdishan

HDFC Bank will pursue legal remedies against allegations by the Lilavati Kirtilal Mehta Medical Trust, which called for the suspension of CEO Sashidhar Jagdishan over alleged financial fraud. The bank strongly denies the claims, stating they are attempts to obstruct loan recovery from defaulters. HDFC asserts the Trust’s actions are a malicious attempt to defame its CEO.

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