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HDFC Bank delayed AT-1 bond mis-selling action

Reuters·T1·March 30, 2026 at 12:23 PM

Former HDFC Bank chairman Atanu Chakraborty revealed that the Indian lender delayed taking action against officials involved in the mis-selling of additional tier 1 bonds to investors. This revelation comes from an interview with CNBC-TV18, shedding light on the bank's response to the bond mis-selling issue. The former chairman's statement suggests a lack of promptness in addressing the misconduct related to these financial products.

HDFC Bank delayed AT-1 bond mis-selling action

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