HDFC Bank Limited — Updates, 08-06-2025: Press Release (Revised)

HDFC Bank continues to pursue recovery of a ₹65.22 crore loan default by Splendour Gems Limited, despite prolonged non-payment and previous recovery actions. The debtor’s owners have launched legal and personal challenges against the bank’s leadership, labeled by HDFC Bank as attempts to avoid repayment. The bank is steadfast in using all legal channels to recover the dues and uphold its governance standards.