The latest update is out from Hdfc Bank ( (HDB) ).
On March 26, 2025, the Reserve Bank of India imposed a penalty of Rs. 75 lakhs on HDFC Bank for non-compliance with certain ‘Know Your Customer’ directions. The penalty was based on findings from a statutory inspection related to the bank’s financial position as of March 31, 2023. HDFC Bank has stated that it has already initiated corrective measures to align its operations with the applicable regulations, indicating a proactive approach to regulatory compliance and maintaining its industry reputation.
More about Hdfc Bank
HDFC Bank Limited is a prominent financial institution in India, primarily operating in the banking industry. It offers a wide range of financial products and services, including retail banking, wholesale banking, and treasury operations, with a strong focus on customer-centric solutions and compliance with regulatory standards.
YTD Price Performance: 4.36%
Average Trading Volume: 2,677,298
Technical Sentiment Signal: Strong Sell
Current Market Cap: $163B
See more insights into HDB stock on TipRanks’ Stock Analysis page.