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Tuesday, July 21, 2020

HDFC Bank fires six executives in loan breach case

HDFC Bank is understood to have terminated the services of half a dozen executives following irregularities in the auto loans business. The bank had earlier admitted that following an internal investigation into allegations of irregularities in this segment, it had taken disciplinary action against staff.

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Loan-related complaints up 43% in FY24, says RBI report

Consumer complaints related to loans and advances rose 43%, representing 29% of the total grievances against RBI-regulated entities in FY24,...