__gaTracker('send','pageview');

Tags archives: icici

ICICI, HDFC, Axis Bank probing money laundering accusations

India’s top private sector lenders ICICI Bank Ltd, HDFC Bank Ltd and Axis Bank Ltd said they were investigating allegations of widespread money laundering practices at their branches. The shares of the banks fell briefly on Thursday after the independent investigative journalist, Aniruddha Bahal, made the accusations in a news conference televised by a local TV station in the morning. Bahal, founder and editor-in-chief of Indian news and opinion website […]