Bombay High Court quashes FIR against HDFC Bank head in bribery case
The Bombay High Court on May 5, 2026 set aside a criminal complaint accusing Sashidhar Jagdishan, the managing director of HDFC Bank, of accepting a ₹2.05 crore bribe from a Lilavati Hospital trust trustee. The court quashed the First Information Report registered by the Lilavati Kirtilal Mehta Medical Trust, which runs Lilavati Hospital in Mumbai.
Why It Matters
It ends a high-profile bribery allegation against a top banking executive and could affect ongoing legal scrutiny of the case.
Timeline
2 Events
Article reporting the court's decision published
The article documenting the High Court's decision was published on May 6, 2026 at 05:37 am IST.
Bombay High Court quashes FIR against HDFC Bank MD in bribery case
A Division Bench of Justice Makarand Karnik and Justice Nitin Borkar delivered the judgment, setting aside a criminal complaint that accused Sashidhar Jagdishan, the managing director of HDFC Bank, of accepting a bribe of ₹2.05 crore from a trustee of the Lilavati Hospital trust. The court quashed the First Information Report registered by the Lilavati Kirtilal Mehta Medical Trust, which runs Lilavati Hospital in Mumbai.