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Декабрь
2024

Sebi warns HDFC Bank over non-compliance in investment banking activities; stock down

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HDFC Bank's shares dipped slightly after a warning from Sebi regarding non-compliance observed during inspection of its investment banking activities. The bank assured to address the concerns. Despite this, the stock has performed well recently, boosted by FIIs' buying interest and strong Q2 results with increased profit and net interest income.