<ul data-eligibleForWebStory="false"><li>HDFC Bank is facing complaints of misusing fixed deposits by NRI customers, with deposits worth Rs 25-30 crore being misused to pay for Credit Suisse's bonds.</li><li>Complaints have been filed in Nagpur, Chandigarh, and Gurgaon, with allegations of fraud by the bank officials and possible filing of a first information report by the EOW.</li><li>HDFC Bank officials are accused of inflating the eligibility of NRI customers to buy AT-1 bonds without informing them properly about the risks involved.</li><li>The customers have been trying to resolve the issue since 2023, with regulators in India not having jurisdiction due to the bonds being purchased through the bank's Middle East offices.</li></ul>

NDTV Profit Exclusive: HDFC Bank Faces EOW Complaints On Misuse Of NRI Fixed Deposits

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