HDFC Bank declines as foreign investor selling pressures shares lower today.

#HDFCBank #FIISelling #BankingStocks #StockMarket

https://meyka.com/blog/hdfc-bank-falls-19-to-744-on-fii-selling-june-01-0106/

Times of India | HDFC Bank shares drop 2% on reports of probe regarding Rs 45 crore interest payments; bank ‘strongly rejects’ claims

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HDFC Bank’s shares fell about 2% on Wednesday after a newspaper report alleged the bank paid ₹45 crore (≈ $4.7 million) to the Maharashtra State Road Development Corporation to secure large deposits, a practice that would breach regulations prohibiting differential interest rates. The report claimed the payments were disguised as marketing expenses and that CEO Sashidhar Jagdishan was aware of them. The bank rejected the allegations, saying its internal monitoring and audit controls are robust and that it follows established norms before any final determination. The drop follows a 9.5% decline since part‑time chairman Atanu Chakraborty resigned on March 19, citing personal ethical concerns, and comes as a legal review of the allegations is still pending and the CEO’s three‑year term approaches its October expiry.

Read more: https://timesofindia.indiatimes.com/business/india-business/hdfc-bank-shares-drop-2-on-reports-of-probe-regarding-rs-45-crore-interest-payments-bank-strongly-rejects-claims/articleshow/131344798.cms

#HDFCBank #SashidharJagdishan #AtanuChakraborty #RBI

Strong oversight systems in place: HDFC Bank rejects allegations of Rs 45 crore payment irregularities #Strong #HDFCBank #Rs #socialnewsxyz

https://www.socialnews.xyz/2026/05/27/strong-oversight-systems-in-place-hdfc-bank-rejects-allegations-of-rs-45-crore-payment-irregularities/

Times of India | Sensex up 753 pts, at 6-week high

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On Tuesday, the BSE Sensex jumped 753 points (about 1 %) to close just above 79,000, a level not seen in six weeks, as Brent crude fell below $90 a barrel and WTI hovered near $85 amid expectations of a second round of US‑Iran peace talks. Banking and financial‑services stocks, led by HDFC Bank, ICICI Bank and Axis Bank, drove the rally, while the NSE’s Nifty also rose 212 points (0.9 %). Analysts said the upward trend could continue, supported by easing oil prices, improving macro conditions and strong Q4 earnings, but warned that the cease‑fire deadline and any negative surprise from the diplomatic effort remain key downside risks. Foreign investors sold ₹1,919 crore on the day, yet domestic funds were net buyers of ₹2,221 crore, indicating that foreign‑fund flows remain a crucial factor for Indian markets.

Read more: https://timesofindia.indiatimes.com/business/india-business/sensex-up-753-pts-at-6-week-high/articleshow/130430513.cms

#Sensex #BSE #HDFCBank #Nifty #IndiaInc #SiddharthaKhemka

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