Potential lawsuit is an irritant for HDFC Bank; no big damage seen

  • HDFC Bank’s ADR fell 2.8% in response to the lawsuit news, but its shares hardly budged here
  • Analysts highlight that past class action cases have not seen any drastic negative outcomes

Aparna Iyer
Updated18 Aug 2020, 09:53 PM IST
HDFC Bank is still the most valuable lender in terms of market capitalisation and majority of brokerages have a buy rating. Photo: Mint
HDFC Bank is still the most valuable lender in terms of market capitalisation and majority of brokerages have a buy rating. Photo: Mint

Catch all the Business News , Market News , Breaking News Events and Latest News Updates on Live Mint. Download The Mint News App to get Daily Market Updates.

Business NewsMarketsMark To MarketPotential lawsuit is an irritant for HDFC Bank; no big damage seen
MoreLess