28 Oct 2025 | 5 Mins Read
HDFC Bank puts bankers on leave in Credit Suisse bond inquiry
Flipitmoney
HDFC Bank put two senior executives on gardening leave due to a probe over allegedly mis-selling Credit Suisse securities. Customers claimed they weren't properly informed about high-risk nature of bonds. HDFC maintains no mis-selling occurred. An internal investigation is ongoing and expected to determine who authorized the sale and establish accountability, leading to potential punitive action.