New Delhi, June 8 -- HDFC Bank alleged that MD and CEO Sashidhar Jagdishan is been targeted by unscrupulous individuals who are abusing the legal system to obstruct the recovery of the long-outstanding loan owed to the bank by defaulters, it told CNBC TV-18.

The bank also said the allegations made by Lilavati Trust against the CEO are baseless and malicious.

Published by HT Digital Content Services with permission from MINT....