Business • Jul 04, 2025

Supreme Court dismisses HDFC Bank CEO's plea

The Supreme Court has turned down HDFC Bank CEO Sashidhar Jagdishan's request to cancel an FIR accusing him of taking a ₹2.05 crore bribe to sway the Lilavati Kirtilal Mehta Medical Trust's decisions for another group.
Now, the case heads to the Bombay High Court on July 14.

TL;DR

Legal drama is still unfolding, so stay tuned

The judges told Jagdishan to wait for the High Court's hearing before coming back.
The FIR, filed after a magistrate's order, claims cheating and breach of trust.
Jagdishan's lawyer calls it a "private dispute" that unfairly drags in the CEO, while the Trust wants a CBI probe into what they say is a bigger conspiracy.
Legal drama is still unfolding, so stay tuned.