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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.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/3fP8LsB

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US Federal Reserve meet today: Kevin Warsh-led FOMC keeps interest rates unchanged

The US Federal Reserve, which began its two-day policy meeting on Tuesday, was widely expected to leave its benchmark interest rate unchange...