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Which compliance issues has HDFC Bank faced in the past?
short by Ashley Paul / on Thursday, 19 March, 2026
HDFC Bank Chairman Atanu Chakraborty's abrupt exit over ethical concerns cost investors ₹1 lakh crore in wealth. In November 2025, RBI fined HDFC Bank ₹91 lakh for compliance failures, while in September 2025, Dubai restricted the bank from onboarding new clients over deficiencies in procedures. RBI fined HDFC Bank ₹1 crore in September 2024 for violating deposit rate rules.
read more at Reuters