HDFC Bank board finds 'business overreach', fines CEO and CFO Rs 1 lakh each

IANS | July 27, 2026 5:14 PM

Mumbai, July 27 (IANS) HDFC Bank on Monday said its board has issued warning letters and imposed a monetary penalty of Rs 1 lakh each on Managing Director and Chief Executive Officer Sashidhar Jagdishan, Chief Financial Officer Srinivasan Vaidyanathan and Group Head – Retail Assets Arvind Vohra following the conclusion of an internal review into the bank's deposit arrangements with the Maharashtra State Road Development Corporation (MSRDC).

Pakistan faces fresh EU scrutiny over GSP+ trade benefits

IANS | July 27, 2026 5:13 PM

New Delhi, July 27 (IANS) Pakistan is facing renewed pressure over its continued access to the European Union's Generalised Scheme of Preferences Plus (GSP+) trade benefits, with the latest monitoring report raising serious concerns over the country's human rights record, governance standards and implementation of international commitments, according to a report.