HDFC shares drop 2.8% after allegations of 'governance concerns'

HDFC Bank's shares fell as much as 2.8% intraday on Wednesday after an Indian Express report alleged 'governance concerns' linked to ₹45-crore interest payments linked to the Maharashtra State Road Development Corporation (MSRDC). The report identified accountability among senior executives, including MD and CEO Sashidhar Jagdishan. This comes after ex-chairman Atanu Chakraborty resigned in March.