HDFC Bank CEO moves Bombay HC against FIR by Lilavati Trust

HDFC Bank CEO Sashidhar Jagdishan has moved the Bombay High Court against an FIR by Lilavati Trust, Bar and Bench reported on Wednesday.

In a fresh attack on HDFC Bank MD and CEO Sashidhar Jagdishan, Lilavati Kirtilal Mehta Medical Trust (LKMM Trust) on Wednesday said the claims made by the bank about a single loan are not consistent and it has never produced any official loan ledger or agreement in court regarding its transaction with the Trust.

Refuting allegations, an HDFC Bank spokesperson in a statement said the allegations and insinuations made by the trustees are devoid of any iota of truth whatsoever and neither the bank nor its CEO has engaged in any activity that is illegal, unethical or improper.

The LKMM Trust manages and runs the prestigious Lilavati Hospital in Mumbai.

Various documents from the bank reflect widely inconsistent loan amounts for instance, Rs 4.8 crore was cited initially, Rs 450 crore in another filing, and now Rs 65.22 crore, LKMM said in a statement.

(With PTI inputs)