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HDFC Bank 'strongly' rejects Rs 45 cr payment route wrongdoing
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ET Markets - Industry 45d ago

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.

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