HDFC Bank Clarifies Firing of Three Executives

HDFC Bank responded to NSE query on a news article about firing of three senior executives from its services.
The terminations stemmed from a DFSA decision notice related to HDFC Bank's Dubai DIFC branch, notified on September 26, 2025.
Bank stated the fired employees were not 'senior management' under SEBI LODR 2015, requiring no prior exchange disclosure.
GNRC pronounced staff accountability actions on March 9, 2026; affected employees can appeal to the Board of Directors.