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HDFC Bank confirmed to Live TV News Channel that an internal review is underway following a Bloomberg report about senior executives allegedly leaking sensitive information; two executives were questioned
By ScoutQuest · · 1 min read
- Stock decline this year
- 28 to 30 percent
- Past fine to senior executives
- 1 lakh rupees
Heard on business television between 14:46:46 - 14:49:46 IST.
- Bloomberg reported an internal probe at HDFC Bank into senior executives suspected of leaking sensitive information, with concerns it may have been misused.
- HDFC Bank told Live TV News Channel that an internal review is underway to gather and evaluate facts, and declined further comment citing privacy and integrity of the process.
- Bank said appropriate action would be taken once the review concludes and reiterated commitment to governance and ethics standards.
- Findings were reportedly shared with senior management and board members earlier this year; two executives were formally informed of the findings but disciplinary action is unclear.
- Development comes at a sensitive time as Anuj Bakshi prepares to become CEO on 27th October, and amid weak Q2 numbers, NIM contraction and governance concerns; analysts said stock is under pressure, with one noting 28-30% YTD decline and InGovern founder calling for proactive board action and possible SEBI reporting on insider trading.
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Source: Live TV News Channel · 21 Oct 2026
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