Who’s To Blame For HDFC Bank Violating The Foreign Investment Limit?
An HDFC Bank Ltd. logo sits in a bank branch in Mumbai, India. (Photographer: Abhijit Bhatlekar/Bloomberg News)

Who’s To Blame For HDFC Bank Violating The Foreign Investment Limit?

HDFC Bank Ltd. is currently in violation of India’s Foreign Direct Investment (FDI) Policy, but it’s not clear who’s to blame for that. Or what the repercussions on the bank will be. Maybe none. Bu...
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