HDFC Bank

HDFC Bank Appoints External Counsel Following Ex-Chairman’s Exit

HDFC Bank Appoints External Counsel Following Ex-Chairman’s Exit

India’s #1 private-sector bank, HDFC Bank, tapped into external law firms to review the resignation letter of its former Part-time Chairman, Atanu Chakraborty, last week. In his resignation letter, he has also claimed differences in “values and ethics” with the bank, raising serious concerns about corporate governance at HDFC Bank. Following Atanu’s resignation, the bank’s…

Sashidhar Jagdishan: MD and CEO of HDFC – Why was He Charged with Fraud?

Sashidhar Jagdishan: MD and CEO of HDFC – Why was He Charged with Fraud?

An FIR has been filed against HDFC Bank’s MD and CEO for alleged financial fraud involvement, which the bank denies. Mehta family’s default on a bank loan in 1995 was said to be the source of the complaints against Sashidhar Jagdishan. He got a letter through Lilavati Kirtilal Medical Trust from the Mehta family. HDFC…

Easy & Proven Tips To Get Instant Approval On Car Loan

Easy & Proven Tips To Get Instant Approval On Car Loan

The luxury and convenience of having a car are undebatable, and we all dream to have a car of our own choice for our long and short distance travelling needs. Applying for a car loan is an easy way to make our dream come true, but it can be complicated if you don’t know what…

LIC IPO: Key Things To Know About The Highest IPO In India

LIC IPO: Key Things To Know About The Highest IPO In India

LIC, Life Corporation of India, the country’s largest and most reliable issuance company, is to shake the stock market with the highest IPO, Initial Public Offering, to raise up to 65,000 crores, making it the biggest listed financial service provider after HDFC bank.  The government plans to sell 5% of its stake in the IPO,…