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Bombay High Court dismisses bribery case against HDFC Bank CEO Jagdishan in major setback

Politics
Published on 5 May 2026
Bombay High Court dismisses bribery case against HDFC Bank CEO Jagdishan in major setback

Court says the complaint followed a tough Rs 65 crore recovery

The Bombay High Court has dismissed a bribery case filed by the Lilavati Trust against HDFC Bank MD Sashidhar Jagdishan. The court said the complaint appeared to be a reaction to the bank’s efforts to recover more than Rs 65 crore and noted strained ties among hospital trustees. It held there was no justification for the bribery allegations.

  • Bombay High Court dismissed the bribery complaint against Jagdishan
  • Court linked the case to the bank’s recovery push of over Rs 65 crore
  • Strained relations among hospital trustees were cited as context
  • No justification was found for the bribery allegations
Read the full story at The Economic Times

This summarization was done by Beige for a story published on The Economic TimesThe Economic Times

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