HDFC Bank, India’s largest private sector lender, has suspended a high-ranking employee after a video of his abusive behavior towards subordinates went viral on social media. The employee, a vice president-rank officer based in Kolkata, was filmed berating colleagues for not meeting business targets and pressuring them to sell insurance policies. The bank stated that it has a zero tolerance policy for misconduct and is committed to treating all employees with respect. The bank has initiated a detailed investigation into the matter to be conducted as per conduct guidelines. The incident has raised concerns about misselling of financial products as bank employees chase targets.
HDFC Bank Halts Senior Executive for Misconduct
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