HDFC, ICICI Bank shares steady despite Cobrapost allegation

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    HDFC, ICICI Bank shares steady despite Cobrapost allegation
    HDFC Bank: Quotes, News
    BSE 2129.05BSE Quote9.05 (0.43%)
    NSE 2132.30NSE Quote12.1 (0.57%)
    ICICI Bank: Quotes, News
    BSE 373.35BSE Quote1.75 (-0.47%)
    NSE 374.60NSE Quote0.7 (-0.19%)
    Shares of the HDFC Bank , Axis Bank and ICICI Bank recovered despite an online magazine Cobrapost claimed that some of the country's largest private sector banks help in money-laundering.
     

    Shares of the HDFC Bank were seen trading at Rs 648 higher by 2% on BSE at 12.30 pm IST. The bank touched an intra-day low of Rs 615.

    ICICI Bank shares were trading at Rs 1104, higher by 1.67% on BSE. The stock touched an intra-day low of Rs 1060.

    Axis Bank also recovered and was seen trading at Rs 1359 higher by 0.91% on BSE.

    Reacting to the news, ICICI Bank's Spokesperson said,that ICICI Bank conducts its business with the highestlevel of compliance to legal and regulatory requirements

    GoodReturns.in

    Read more about: hdfc icici axis
    Story first published: Thursday, March 14, 2013, 12:41 [IST]
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