No governance or conduct-related issues found, RBI Governor reiterates stance on HDFC Bank

The Reserve Bank of India has stated that its supervisory inspections of HDFC Bank revealed no governance or conduct issues. Governor Sanjay Malhotra confirmed this, noting that the RBI reviewed meeting minutes and found nothing of material concern. HDFC Bank is described as a systemically important bank with sound financials and a competent management team.

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