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HDFC Bank 'strongly' rejects Rs 45 cr payment route wrongdoing
HDFC Bank has strongly denied media reports alleging wrongdoing. The bank stated its internal oversight, audit, and control systems are robust. This clarification follows a report about an internal investigation into Rs 45 crore payments. The payments were reportedly disguised as marketing expenses to a public sector undertaking. HDFC Bank maintains its commitment to transparency and strong governance.
Stocks to Watch for May 27: Coal India, JK Tyre, Siemens, HG Infra and more
JK Tyre leads Q4 earnings as profits surge, while P&G Health, Siemens, Fino Payments Bank and others post mixed results and key dividend, leadership updates. Here are few stocks to track ahead of Wednesday's session.
Stocks in news: ITC, LIC, Sun Pharma, Maruti Suzuki, Fino Payments Bank
Benchmark indices experienced a negative close on Thursday, marked by volatile trade and profit booking. Analysts anticipate the Nifty to continue its consolidation between 23,200 and 23,900. Several companies, including ITC, LIC, Sun Pharma, Maruti Suzuki, and Fino Payments Bank, are in focus due to Q4 results and other developments.
Fino Payments Bank completes ₹200 crore tech upgrade, gears up for small finance bank transition
The lender said the upgrade marks a key milestone in its digital transformation, enabling faster product launches, improved system resilience, and higher transaction processing capacity across payments and lending businesses.