HDFC Bank fires 3 executives for mis-selling bonds: Report
Pravel Jain, Published on Mar 20th, 2026

HDFC Bank has fired Sampath Kumar, group head of branch banking, along with two other senior executives, for their alleged involvement in the mis-selling of additional tier-1 (AT-1) bonds of Credit Suisse, CNBCTV18 reported. The two other executives are Harsh Gupta and Payal Mandhyan. This comes after Chairman Atanu Chakraborty's resignation triggered a sharp fall in the bank's share price.
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