HDFC Bank stocks fall 3% on the back of probe into auto loan unit1 min read 14 Jul 2020, 11:35 AM IST
HDFC Bank initiated the probe after allegations surfaced around a former executive's professional conduct at the unit
The bank's auto loan book had stood at ₹83,935 crore as of March 31, 2020, constituting less than a fifth of the overall retail book
MUMBAI: Shares of HDFC Bank fell by as much as 2.74% on Tuesday after it launched a probe into its auto lending practices following allegations against the conduct of a long-time executive who retired on March 31 this year.
Get the best recommendations on Stocks, Mutual Funds and more based on your Risk profile!Let’s get started
Select your Category