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Bombay High Court issued a notice to HDFC Bank and the RBI.
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The Bombay High Court has issued a notice to HDFC Bank and Reserve Bank of India after an employee was arrested on suspicion of siphoning off Rs 3 crore from a customer’s fixed deposits.
The employee, Payal Kothari, had broken Meenakshi Kapuria’s fixed deposits worth Rs 3 crore and siphoned off the money into nonexistent accounts.
Kapuria was not notified by SMS or email during the entire process.