FinanceET Techabout 2 hours ago
HDFC Bank shares fall on US probe
3 min read
HDFC Bank shares fell over 1% to Rs 737.25 on NSE after three US law firms launched investigations into alleged federal securities law violations. The probe concerns whether the bank disguised Rs 45 crore in payments to MSRDC as marketing spend. Shares have dropped 10% over five sessions since Q1 earnings.
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