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Development · 17 Aug 2026

HDFCBANK, full dossier

An NRI living in the US who purchased a ₹79.9 lakh residential flat in Mumbai using NRE account funds received an income tax notice questioning the source of funds, which was eventually resolved by the Income Tax Appellate Tribunal ruling in his favor.

1 publisher has reported this development. Each act of reporting is below, cited.

The record

An NRI living in the US who purchased a ₹79.9 lakh residential flat in Mumbai using NRE account funds received an income tax notice questioning the source of funds, which was eventually resolved by the Income Tax Appellate Tribunal ruling in his favor.

livemint.com23 Mar 2023

An NRI purchased a ₹79 lakh residential flat in Mumbai using funds from his NRE account with HDFC Bank between 2011 and 2018.

livemint.com20 Jul 2015

HDFC Bank

₹721.20

▲ +1.76%

Close (EOD), as of 1 Oct 2026 · source

HDFC Bank: results, dividends, orders, the full cited record →

More on HDFC Bank

HDFC Bank has appointed Anup Bagchi as its new MD & CEO.

2 Oct 2026 · 2 publishers

HDFC Bank shares rose a little over 1 per cent on Thursday after the private sector lender announced changes to its senior leadership, appointing V N Srivatsan as its new Chief Compliance Officer and reporting the departure of Group Head of Legal and Group General Counsel Sudhir Kumar Jha.

2 Oct 2026 · 1 publisher

HDFC Bank appointed Anup Bagchi as its next MD and CEO, and Kotak Mahindra Bank named Anup Saha for the top post.

2 Oct 2026 · 1 publisher

Bank margins are expected to improve from the third quarter of FY27 due to increased lending rates.

2 Oct 2026 · 1 publisher

HDFC Bank's American Depositary Receipts (ADRs) rose 5.5% in US trading after the bank appointed Anup Bagchi as its new Managing Director and Chief Executive Officer on Thursday, October 1.

2 Oct 2026 · 1 publisher

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