Question
What initiative did HDFC Bank undertake following its
Q4FY24 performance?Solution
Following an impressive Q4FY24 performance, HDFC Bank announced an ex-gratia payment of around Rs 1,500 crore to its staff. This decision was made as a gesture of appreciation for the employees' dedication during the merger with HDFC Ltd and to address attrition.
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One megabyte is equal
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