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RBI seeks internal car loan investigation details from HDFC bank

The RBI is also seeking information on steps taken by HDFC Bank to remedy any issues identified during the investigation, the people added, asking not to be named.

Topics
Reserve Bank of India RBI | HDFC Bank | car loans

Suvashree Ghosh | Bloomberg  |  Mumbai 


HDFC Mutual Fund's market debut to bring a windfall for key employees
The bank has reportedly fired six senior and mid-level officials after an internal probe into allegations of “conflict of interest”

The Reserve Bank of India (RBI) has asked to provide details of an internal investigation into allegations of improper lending practices in its vehicle-financing operation, according to people familiar with the matter.

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First Published: Fri, July 24 2020. 01:02 IST

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