LIVE TV
ZEE Business
ZEE BUSINESS
हिंदी में पढ़ें  हिंदी में पढ़ें
Live TV
Live TV
  • Home
  • Budget 2021
  • Personal Finance
    • PPF
    • Mutual Funds
    • Income tax
    • EPFO
    • Income Tax Calculator
    • Personal Loan Calculator
    • Car Loan Calculator
    • Home Loan Calculator
    • SIP calculator
    • SWP Calculator
    • MF Returns Calculator
    • Lumpsum Calculator
  • India
    • Companies
    • Property
    • Startups
    • Uidai
  • Economy
    • Aviation
  • Tech
    • Mobiles
    • Apps
  • Auto
    • Cars
    • Bikes
  • Markets
    • Commodities
    • Currency
  • Jobs
  • Indian Railways
  • World
    • Economy
    • Politics
    • Markets
  • videos
  • photos
  • Authors
  • More ...
    • VIDEOS
    • PHOTOS
Read in App
Business News » Companies News

Want HDFC Bank job? Beware! This bank's own staff ran employment scam; candidates lose money

However, candidates suffered the most from HDFC Bank jobs scam. Not only were they caught, they also lost money for wrongdoing.  

  • Twitter
  • Facebook
  • Linkedin
  • whatapp
  • View in App
Want HDFC Bank job? Beware! This bank's own staff ran employment scam; candidates lose money
Representational Image: Photo: Reuters
Written By: ZeeBiz WebTeam
Updated: Wed, Oct 31, 2018
03:55 pm
Mumbai, ZeeBiz WebDesk
RELATED NEWS
ICICI Bank follows SBI, Kotak Mahindra Bank, HDFC Bank, cuts home loan interest rate ICICI Bank follows SBI, Kotak Mahindra Bank, HDFC Bank, cuts home loan interest rate
Bank Holidays March 2021: RBI says banks will remain closed on these many days this month  Bank Holidays March 2021: RBI says banks will remain closed on these many days this month
HDFC Bank, ICICI Bank and Axis Bank: Morgan Stanley says restrictions around 'government businesses' lifted for private banks HDFC Bank, ICICI Bank and Axis Bank: Morgan Stanley says restrictions around 'government businesses' lifted for private banks
SBI, HDFC Bank and ICICI Bank: How to limit losses and put correct stop-loss SBI, HDFC Bank and ICICI Bank: How to limit losses and put correct stop-loss
Sharekhan prefers SBI in PSU Banking space while HDFC Bank, ICICI Bank in Private Banking space Sharekhan prefers SBI in PSU Banking space while HDFC Bank, ICICI Bank in Private Banking space

Getting a HDFC Bank job is something that would be on the minds of millions of people looking for good paying employment at a reputed institution. However, these candidates got a teh shock of their lives when they lost their money in this HDFC Bank jobs scam. A shock has been given to largest private lender HDFC Bank, the one who is notably called as ‘Too Big, To fail bank’. It has been revealed that, its own employees, even including some managers, have fooled the bank by using forged documents and reports on their resume. After carrying out an investigation by HDFC Bank, the fake resumes number was not limited to a one or two employees, but in fact there were about 68 employees who got a HDFC Bank job under false pretenses. These employees were referred from a single agent, and HDFC Bank has now rushed to file a police complaint.

The forgery came into light after when a reference check was carried out on an employee, Geetanjali Bagga in February. A police complaint has been filed, under which it is revealed that, Bagga joined HDFC Bank as an assistant manager last year in October.

In Bagga’s reference check, it came to light that her documents came from an agency called Adeco Consultancy. Bagga paid the agency that is managed by Amit Choudhary about Rs 60,000 to get the job. It is believed that, the agency had submitted forged salary slips, experience certificates and other documents.

Because Bagga’s reference check revealed the con, HDFC Bank has filed a complaint against Adeco. During the investigation, it was found that 68 employees were recruited in HDFC Bank who came through Adeco.
One employee of HDFC Bank who also gave a false document, revealed that Amit and his friend Satyendra Pal operated the agency.

To HDFC Bank’s horror, Satyendra was the manager of HDFC Bank’s Noida sector 135 and he revealed another shocking fact - that he himself paid about Rs 1.45 lakh for a job in HDFC Bank to Adeco. Once he joined the bank, Satyendra would train candidates for interviews and even help them in clearing online tests at HDFC Bank.

Two more agencies, called Lotus Consultancy and Aspire Consultancy, came to light.  For now Adeco’s founder has been booked under sections 120B (criminal conspiracy), 471 (using forged document), 468 (forgery for cheating), 467 (forgery) and 420 (fraud) of the IPC, reported Economic Times.

This was not it, Adeco is believed to have used nearly 360 domain names for creating false email IDs for evading reference checks. Adeco has charged applicants Rs 25,000 to Rs 1.5 lakh, to get them a job.
 
Today, HDFC Bank share price is trading on a negative note, dropping nearly 2% after it touched intraday low of Rs 1884.4 per piece. At around 13.40 hours, the bank was trading at Rs 1911.85 per piece down by 0.11% on Sensex.

Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.

TAGS:
HDFC Bankhdfc bank employees
RELATED NEWS
ICICI Bank follows SBI, Kotak Mahindra Bank, HDFC Bank, cuts home loan interest rate ICICI Bank follows SBI, Kotak Mahindra Bank, HDFC Bank, cuts home loan interest rate
Bank Holidays March 2021: RBI says banks will remain closed on these many days this month  Bank Holidays March 2021: RBI says banks will remain closed on these many days this month
HDFC Bank, ICICI Bank and Axis Bank: Morgan Stanley says restrictions around 'government businesses' lifted for private banks HDFC Bank, ICICI Bank and Axis Bank: Morgan Stanley says restrictions around 'government businesses' lifted for private banks
SBI, HDFC Bank and ICICI Bank: How to limit losses and put correct stop-loss SBI, HDFC Bank and ICICI Bank: How to limit losses and put correct stop-loss
Sharekhan prefers SBI in PSU Banking space while HDFC Bank, ICICI Bank in Private Banking space Sharekhan prefers SBI in PSU Banking space while HDFC Bank, ICICI Bank in Private Banking space

LATEST NEWS

Twitter CEO and billionaire Jack Dorsey puts his 1st tweet on sale, bid reaches Rs 2 cr

ITC Share Price: Experts give 'share to buy' tag; predicts up to 25% profit in three months

Framework Agreement! India Grid Trust inks largest transmission deal with Sterlite Power

Gold Price Outlook: Yellow metal falls by over Rs 11,500 in last six months; may crash much more

Covid 19 Phase 2: These government employees to be reimbursed 'medical expenses' for coronavirus vaccination

COVID-19: India records 18,711 new cases

Stock Market Outlook: Anil Singhvi reveals Nifty, Bank Nifty support range, says investors should trade keeping volatility in mind

EPF Passbook Balance Check Online: EPFO members can do this via Umang App, SMS, missed call; choose whatever you want

Andhra Pradesh trade body to promote IP rights, registration for MSMEs

US continues to see drop in new Covid cases

  • India News
  • World News
  • Companies News
  • Market News
  • Personal Finance News
  • Technology News
  • Automobile News
  • Small Business News
  • Income Tax Calculator
  • Live TV
  • Videos
  • Photos
  • Author
  • Rss Feed
  • Advertise with us
  • Privacy Policy
  • Legal Disclaimer

Latest Trending Updates

  • EPFO
  • Budget 2020
  • Income Tax Return
  • Auto Expo 2020
  • Home Loan
  • Business News

Trending Topics

  • Income Tax
  • income Tax Calculator
  • 7th Pay Commission
  • Reserve Bank of India
  • GST
  • Latest Business News

Follow us on

zeebiz
zeebiz

Partner Sites

  • Zee News
  • Hindi News
  • Marathi News
  • Bengali News
  • Tamil News
  • Malayalam News
  • Gujarati News
  • Telugu News
  • Kannada News
  • DNA
  • WION
Copyright © Zee Media Corporation Ltd. All rights reserved