A practice at India’s largest private lender HDFC Bank Ltd. to levy a “processing fee” on loan applications submitted with fraudulent documents is raising eyebrows.
HDFC Bank Ltd chart
HDFC Bank Q4 Results: Profit Rises 18% On Higher Other Income
HDFC Bank Q4 Results: HDFC Bank Ltd. reported steady growth in profits as other income rose and bad loans remained in check.
HDFC Bank Probes Lending Practices at Vehicle Unit
HDFC Bank Ltd. has conducted a probe into allegations of improper lending practices and conflicts of interests in its vehicle-financing operation involving the unit’s former head, according to people familiar with the matter.