 Investors can contact the law firm at no cost to learn more about recovering their lossesLOS ANGELES, Aug. 19, 2020 GLOBE NEWSWIRE -- The Portnoy Law Firm advises HDFC Bank Limited HDFC or the Company NYSE: HDB investors that the firm has initiated an investigation into possible securities fraud, and may file a class action on behalf of investors. The investigation focuses on allegations that HDFC Bank may have issued materially misleading business information to the investing public.Investors are encouraged to contact attorney Lesley F. Portnoy, by phone 310-692-8883 or email: to discuss their legal rights, or click here to join the case via The Portnoy Law Firm can provide a complimentary case evaluation and discuss investors options for pursuing claims to recover their losses.The Economic Times reported on July 13, 2020 that HDFC Bank had conducted a probe into allegations of improper lending practices and conflicts of interests in its vehicle-financing operations involving the units former head. On July 13, 2020, HDFC Banks American depositary receipt price fell 1.37 per share, or 2.83, on this news, to close at 47.02 per share.HDFC Bank reported its financial results on July 19, 2020 for the first quarter of the Banks 2021 fiscal year, reporting a deterioration in its asset quality and missing analyst estimates with respect to net profit.Then, on August 6, 2020, the publication The Print reported that in July 2020, the Reserve Bank of India was informed by Experian Plcs Indian unit that HDFC Bank has been late in providing details of its loans, including the repayment status of its millions of retail borrowers and that such tardiness has been an issue for about two years.Please visit our website to review more information and submit your transaction information.The Portnoy Law Firm represents investors in pursuing claims arising from corporate wrongdoing. The Firms founding partner has recovered over 5.5 billion for aggrieved investors. Attorney advertising. Prior results do not guarantee similar outcomes.Lesley F. Portnoy, Esq. Admitted CA and NY Bar 310-692-8883 Advertising 