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US law firm files class action suit against HDFC Bank for misleading claims

Shortpedia

Content Team
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A law firm in the US has filed a class action suit against HDFC Bank, claiming damages for the losses incurred by investors because of "materially false and misleading" representations made by India's largest private sector lender. The suit by Rosen Legal specifically names the bank's managing director and chief executive Aditya Puri, his chosen successor Sashidhar Jagdishan and company secretary Santosh Haldnakar.