The Reserve Bank of India has asked HDFC Bank to classify a project loan account as a non-performing asset, the bank said in a communication a day after it disclosed its second quarter results.
"The bank has received communication from the regulator advising it to classify the said account as a non-performing asset. The same has been duly complied with," HDFC Bank said in a statement.
The second largest private bank refused to disclose the amount of exposure and name of the loan account.
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