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HDFC Bank cracks down on staff putting temp deposits in accounts
short by / on Friday, 9 May, 2025
HDFC Bank has taken corrective action after employees created temporary deposit accounts using corporate clients unused working capital to inflate quarterly deposit figures. The tactic aimed to improve financial metrics but raised ethical concerns. The bank has initiated disciplinary measures, conducted sensitisation programmes, and reinforced ethical standards.
read more at Trak.in