Rath said his bank plans to double its network to eight branches in the current year and add another eight in 2020.
The financial statement released on Friday showed a fee income reversal of Rs 280 crore.
The bank posted a loss of Rs 1,507 crore for the January-March quarter.
Both banks as well as Bawa’s wife and daughter have been given 14 days time to reply to the notice.
HDFC Bank’s total loan book stood at Rs 819,401 crore as of March 2019.
Out of the 1,484 cases admitted for resolution, 586 have been closed till December 2018 — a hit rate of 40%.
RBI received bids for $16.3 billion versus $5 billion in the last round.
The bank has initially extended this facility for salaried customers having a steady cash flow into their accounts.
This space of small businesses is now opening up.
However, promoters are also willing to pay up and settle the cases.
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