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Federal Bank/Controversies

Federal Bank controversies

Controversies tied to this brand in public sources. A listing is not a finding of fault.

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  1. 2019Harshad Mehta pay-order litigation

  1. 2019

    Harshad Mehta pay-order litigation

    The Supreme Court of India stayed a Bombay High Court special-court order directing Federal Bank to pay four crore rupees, plus stated interest from 1992, to the widow of stockbroker Harshad Mehta. The dispute concerned an uncashed pay order issued to a third party.

    Source