RBI directs HDFC Bank to return Rs 210 crore taken from Altico Capital’s account to Mashreq Bank: Report

HDFC#39;s action came after Altico showed signs of stress and in early September 2019 its long-term and short-term issuer ratings were downgraded by India Ratings.

from Moneycontrol Business News https://www.moneycontrol.com/news/business/rbi-directs-hdfc-bank-to-return-rs-210-crore-takenaltico-capital’s-account-to-mashreq-bank-report_14051001.html