'EXTRA PAYOUT' TO MAHARASHTRA PSU: HDFC BOARD SLAPS RS 1 LAKH FINES ON MD, CFO
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WHAT HAPPENED
HDFC Bank's board penalized top executives over deposit arrangements with MSRDC. The internal review found business overreach but no personal gain or mala fide intent.
Times of India reports that hDFC Bank's board penalized top executives over deposit arrangements with MSRDC.
The report adds: The internal review found business overreach but no personal gain or mala fide intent.
Top executives received nominal penalties and warning letters following the review's recommendations.
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DAMMNEWS RSS BRIEFING — generated locally from the available Times of India headline and RSS excerpt. It is not a summary of the full source article.
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