HDFC Bank shares fall over 2% to hit 52-week low: Here’s why

A spokesperson of the bank said shareholder lawsuits are common in the US after stock prices fall   The stock fell after reports that a lawsuit was filed in the US against the lender and its executives alleging violation of American securities laws through misleading disclosures and governance lapses.   Investor Jwalant Natvarlal Soneji filed…