HDFC Bank’s CEO, Sashidhar Jagdishan, was named in a police complaint by the Mehta family linked to alleged financial fraud involving the Lilavati Kirtilal Mehta Medical Trust. The bank denies the claims, calling them baseless and a misuse of legal processes amid an ongoing loan recovery dispute with the Mehta family over dues from Splendour Gems.
Originally published by The Economic Times https://economictimes.indiatimes.com/markets