HDFC Bank Board Imposes Rs 1 Lakh Penalty on MD, CFO in MSRDC Case | Rediff-TV | Rediff.com
HDFC Bank's board has imposed a monetary penalty of Rs 1 lakh each on its Managing Director and CEO Sashidhar Jagdishan, CFO Srinivasan Vaidyanathan, and Group Head (Retail Assets) Arvind Vohra for divergence from RBI directions in the Maharashtra State Road Development Corporation (MSRDC) case.