
#Breaking HDFC Bank MD & CEO Sashidhar Jagdishan has approached the Bombay High Court seeking quashing of an FIR filed by Lilavati Trust that owns Lilavati Hospital in Mumbai.
The FIR accuses Jagdishan of accepting a ₹2.05 crore bribe to help the Chetan Mehta group allegedly… pic.twitter.com/ei9BNCVfmX— Bar and Bench (@barandbench) June 18, 2025
The Trust alleges inconsistencies in the bank’s disclosures related to a disputed loan transaction. In a statement on Wednesday, the Trust claimed HDFC Bank has not produced any official loan agreement or ledger in court, while citing varying loan figures in different submissions — ranging from ₹4.8 crore to ₹450 crore, and more recently ₹65.22 crore.
An HDFC Bank spokesperson dismissed the allegations, calling them “baseless” and said neither the bank nor its CEO had engaged in any illegal, unethical, or improper conduct.
The case is now before the Bombay High Court. Further hearings are awaited.
Shares of HDFC Bank were trading largely unchanged at a price of ₹1,926.90 in the last-hour trading session on Tuesday.
(Written with inputs from PTI)
First Published:Â Jun 18, 2025 2:44 PM IST