HDFC Bank shares fall 2% on reports of internal probe over Rs 45 cr interest payments

HDFC Bank shares fell after a report revealed an internal investigation into Rs 45 crore payments to Maharashtra State Road Development Corporation. The Audit Committee ordered the probe into funds allegedly routed through the marketing department as ‘differential interest’ for a road safety campaign, with senior management, including CEO Sashidhar Jagdishan, reportedly involved in the decision.

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