 "HDFC Bank")
The Reserve Bank of India (RBI) has asked HDFC Bank to provide details of an internal investigation into allegations of improper lending practices in its vehicle-financing operation, according to people familiar with the matter.
The RBI is also seeking information on steps taken by HDFC Bank to remedy any issues identified during the investigation, the people added, asking not to be named.
A spokesman for HDFC Bank declined to comment, saying that the lender has nothing to add to recent remarks on the investigation by Managing Director Aditya Puri. A spokesperson for the RBI didn’t immediately respond to an email
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