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India's SEBI warns HDFC Bank again for delayed disclosure of a senior manager's resignation.
HDFC Bank received a second warning from India's securities regulator, SEBI, for a three-day delay in disclosing a senior manager's resignation in March.
SEBI has asked the bank to take corrective measures and warned of further action if issues recur.
This follows a previous warning over non-compliance with investment banking rules.
Despite these warnings, HDFC Bank's stock has seen a 18% increase in the last six months, adding Rs 3 lakh crore to its market value.
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La SEBI de la India advierte a HDFC Bank de nuevo por la demora en revelar la renuncia de un gerente senior.