Economic TimesLean R·
'No US lawsuits filed yet, ready to defend on facts if needed': HDFC Bank CEO clarifies on governance allegations
Mumbai: HDFC Bank on Wednesday reiterated its strong governance credentials while telling shareholders that no US lawsuits have so far been filed against the country's most-valued lender following investigations announced by multiple overseas law firms."I think in the US, law firms often issue press releases in an effort to identify potential plaintiffs after a decline in the values of the share price," Chief Executive Sasidhar Jagdishan told shareholders at the bank's annual general meeting in…
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