SENSEX
NIFTY
GOLD
USD/INR

Weather

image 29    C

World News

Morningstar

World / Morningstar

details

HDFC Bank Faces Class-Action Lawsuit in New York, Shares Decline

New Delhi, August 27: HDFC Bank, Indias largest private sector bank, is facing a federal class-action lawsuit in New York. The lawsuit alleges that the bank improperly inflated interest payments by disguising additional amounts given to a state government agency as marketing expenses under a covert scheme. Investor Jvalant Natwarlal Soneji filed the lawsuit in ... Read more HDFC Bank Faces Class-Action Lawsuit in New York, Shares Decline

27 Aug 2026 3:40 pm