New Delhi, June 9 -- The Mehta family filed an FIR against HDFC Bank's Managing Director and Chief Executive Officer (CEO) Sashidhar Jagdishan after the Lilavati Trust allegations on Sunday, 8 June 2025, according to an exchange filing.
According to the bank's filing on BSE, HDFC Bank's senior officials are currently being targeted by unscrupulous persons who aim to abuse the legal process of recovering a long-outstanding loan from a defaulter named Splendour Gems Ltd. The bank called the "frivolous" FIR action "malicious and baseless" on Sunday.
The MD and CEO of HDFC Bank, Sashidhar Jagdishan took charge in 2020, replacing India's longest-serving CEO Aditya Puri. In 2023, the Reserve Bank of India approved his re-appointment for a per...
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