Clarification29 May 2026, 02:59 am
HDFC Bank clarifies on ₹45 Cr internal probe report
AI Summary
HDFC Bank responded to queries from NSE and BSE regarding a news item about an internal probe into ₹45 crore interest payments to a state transport firm. The bank stated that its internal audit function regularly conducts reviews and addresses observations. HDFC Bank clarified that this specific matter does not have a material impact on its financial statements or internal controls, which are robust. Consequently, the bank believes no disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, is triggered. The bank reaffirmed its commitment to high corporate governance standards and regulatory compliance.
Key Highlights
- HDFC Bank clarified media reports on an internal probe.
- Probe concerned ₹45 crore interest payments to a state firm.
- Bank states no material financial impact from the matter.
- Internal controls are robust; no SEBI Reg 30 disclosure needed.
- Reaffirms commitment to corporate governance and compliance.
Price Impact
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