HDFC Bank Shares Fall On Deposit Payment Report

By BPN News Desk May 27, 2026

Business Finance

HDFC Bank shares fell on Wednesday after a report alleged that the lender made payments to a Maharashtra government department to attract large deposits. The bank rejected assumptions of wrongdoing and said it follows established internal review and control processes. HDFC Bank Shares Decline

Business Finance

HDFC Bank Says AI Will Not Lead to Layoffs

By BPN News Desk October 19, 2025

HDFC Bank has clarified that the adoption of artificial intelligence will not result in job cuts. CEO Sashidhar Jagdishan said the bank sees AI as a tool to enhance efficiency and redeploy staff into customer-facing and technology roles rather than reduce its workforce. AI Experiments in Progress The bank, with a workforce of around 2.20 […]

Law & Order National

Nagpur EOW Probes HDFC Bank CEO Over ₹6 Crore Deal

By BPN News Desk July 13, 2025

HDFC Bank’s MD & CEO Sashidhar Jagdishan is under investigation by the Economic Offences Wing (EOW) of Nagpur police over an alleged ₹6 crore misappropriation from the account of trader Narendra Singru. The probe follows a complaint that claims the bank invested the trader’s funds in overseas entities without his consent, and that his bond was […]

Business

ICICI Wanted to Acquire HDFC, Reveals Deepak Parekh

By BPN News Desk June 21, 2025

In a candid revelation, Deepak Parekh, former Chairman of HDFC Ltd, disclosed that ICICI Bank once proposed to acquire HDFC—long before the landmark merger between HDFC Ltd and HDFC Bank was finalized. The disclosure was made during a conversation on Chanda Kochhar’s YouTube channel, where the former ICICI Bank CEO herself had made the informal […]