HDFC Bank has engaged domestic and international law firms to investigate the reasons behind former chairman Atanu Chakraborty’s sudden departure. The review will scrutinize board meeting records and whistle-blower complaints. This proactive step aims for an objective assessment of the issues raised. The bank is committed to upholding high governance standards.
Holding mutual funds in SoA or demat: Which is better?
Mutual fund units can be held in Statement of Account or demat form. SoA mode offers simplicity for mutual fund-only investors avoiding extra charges. Demat