24 Nov 2025, Mon

Lilavati Hospital Trust Accuses HDFC Bank: The Trust, which manages the prestigious Lilavati Hospital in Mumbai, on Wednesday (June 11), the trust of HDFC Bank, Managing Director (MD) and Chief Executive Officer (CEO) Shashidhar Jagdishan, said on Wednesday (June 11) that the bank’s claims about a lonely loan are inconsistent and the bank has never introduced any official loan account or agreement in the court.

What is the whole matter?

However, HDFC Bank spokesperson said that the allegations made by the trust are completely untrue and malicious and neither the bank nor its CEOs have done any illegal or immoral activity. Lilavati Kirtilal Mehta Medical Trust said in a statement that there is a huge discrepancy in the loan amount in various documents of the private sector bank. Initially, a loan of Rs 4.8 crore, then Rs 450 crore and now Rs 65.22 crore has been mentioned.

Permanent trustee Prashant Mehta of the trust questioned how the country’s largest bank can make three different claims about the same loan, and why not support it by the original agreement.

Never taken any loan from HDFC Bank

Trust and Mehta also reiterated that they had never taken any loan from HDFC Bank and these discrepancies support their claims. The trust also alleged that the bank’s managing director and chief executive officer Jagadishan was given a bribe of Rs 2.05 crore to help the Chetan Mehta Group to maintain illegal control over the trust.

However, HDFC Bank has denied these allegations. The bank spokesman said that the allegations made by the trustees are ‘completely untrue, malicious, false and defamatory’ nor the bank nor its CEO has any illegal or unethical activity. Along with this, the bank has warned that it will take strict legal action against those who make such baseless allegations.

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