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HDFC Bank penalises its executive for inadvertently selling shares

<p>Jimmy Tata, the chief credit officer, sold 1,400 shares of the bank held by him in what the lender termed as an “inadvertent trade”. “The Audit Committee has concluded that this was an inadvertent trade made without intent to violate the Bank’s Share Dealing Code (Bank’s Code) or the SEBI (Prohibition of Insider Trading) Regulations, […]</p>