MSRDC

By Harish Thapar , 27 May 2026

HDFC Bank shares came under pressure on Wednesday after a media report alleged that the private sector lender made irregular payments to secure large deposits from the Maharashtra State Road Development Corporation (MSRDC). The report claimed the bank offered an interest rate exceeding prevailing market terms in an effort to attract deposits worth Rs. 25,000 crore tied to a land acquisition fund. Investors reacted sharply to the allegations, sending the stock lower amid concerns about governance standards, regulatory scrutiny, and reputational risk.