atanu chakraborty

Mumbai, April 8 The Reserve Bank said on Wednesday that the minutes of HDFC Bank's board meeting and other records are reviewed as part of the supervisory exercise, and reiterated that the largest private sector lender has not been found wanting in terms of ethics and governance."I would like...

Mumbai, April 8 In an effort to promote ease of doing business, Reserve Bank Governor Sanjay Malhotra proposed on Wednesday to revise and rationalize guidelines to facilitate better utilization of bank board time, and draft directions in this regard would be released shortly.The matters to be...

The Election Commission of India (ECI) has removed Atanu Chakraborty, the Sector Assistant for the Panihati Assembly Constituency in West Bengal, and issued a notice asking him to explain his conduct and failure to perform his duties. This action follows reports of Chakraborty's involvement in...

New Delhi, April 4 HDFC Bank, the country's second-largest lender, reported a 12 per cent increase in credit growth to Rs 29.6 lakh crore for the March quarter.The bank's total advances stood at Rs 26.43 lakh crore as of March 31, 2025, HDFC Bank said in a regulatory filing.The lender...

Mumbai, March 30 The reasons for his resignation were the mis-selling of AT-1 bonds, which led to criticism from regulators, and the under-performance of HDFC Bank, the country's largest private sector lender, according to former chairman Atanu Chakraborty on Monday.He said that personal...

New Delhi, March 24 HDFC Bank has appointed external law firms to independently examine the issues highlighted in the resignation letter by Atanu Chakraborty as a proactive step to ensure an objective and fact-based assessment.The bank's spokesperson said that appointing external law firms is...

Mumbai, March 23 In the wake of the HDFC Bank crisis triggered by chairman Atanu Chakraborty's sudden resignation, Sebi chairman Tuhin Kanta Pandey said on Monday that independent directors need to act responsibly and back up any accusations with evidence.In comments that came days after...

New Delhi, March 23 Shares of HDFC Bank have been on a downward trend, falling by nearly 12 per cent in three days, after its non-executive chairman Atanu Chakraborty abruptly resigned, citing differences over "values and ethics".On Monday, the heavyweight stock plummeted 4.70 per cent to...

Mumbai, March 23 Days after the surprise resignation of HDFC Bank non-executive chairman Atanu Chakraborty, capital markets regulator Sebi's chairman Tuhin Kanta Pandey said on Monday that independent directors are expected to act responsibly and not make any insinuations.In comments...

New Delhi, March 21 Days after the resignation of HDFC Bank chairman Atanu Chakraborty, citing ethical concerns, the bank has terminated the services of three employees for gaps in client onboarding at its Dubai International Financial Centre (DIFC) branch.According to sources, HDFC Bank has...

New Delhi, March 20 Days after the resignation of HDFC Bank chairman Atanu Chakraborty, citing ethical concerns, the bank has terminated the services of three employees for gaps in client onboarding at its Dubai International Financial Centre (DIFC) branch.According to sources, HDFC Bank has...

New Delhi, March 20 HDFC Bank shares ended over 2 per cent lower on Friday, extending the losses from the previous day, following the abrupt resignation of its non-executive chairman, Atanu Chakraborty, who cited "differences in values and ethics".The benchmark stock declined by 2.41 per cent...

New Delhi, March 20 HDFC Bank's shares continued to fall on Friday, declining by over 2%, after its non-executive chairman Atanu Chakraborty abruptly resigned, citing differences over "values and ethics".The blue-chip stock dropped 2.36% to ₹780.75 on the BSE.At the NSE, it edged lower by...

New Delhi/Mumbai, March 19 HDFC Bank's non-executive chairman Atanu Chakraborty abruptly resigned, citing differences over "values and ethics" – a ground that the management of the country's second-largest lender said was baffling, as the former bureaucrat offered no specific instance despite...

New Delhi, March 19 – Equity investors' wealth eroded by ₹12.87 lakh crore on Thursday as stock markets plunged, with the benchmark Sensex falling by over 3%, driven by a spike in crude oil prices due to increasing attacks on energy infrastructure in West Asia.Investors have lost over ₹37 lakh...

Mumbai, March 19 HDFC Bank's chief executive and managing director Sashidhar Jagdishan said on Thursday that its former chairman Atanu Chakraborty was asked to reconsider his decision to resign, elaborate on concerns involving ethics, and also "take back some of the language" in the resignation...

New Delhi, March 19 HDFC Bank's shares plunged by over 5 per cent on Thursday after Atanu Chakraborty resigned as chairman of the country's second-largest lender, citing ethical concerns.The blue-chip stock fell by 5.13 per cent to close at Rs 799.70 on the BSE, recovering some of its sharp...

Mumbai, March 19 Benchmark stock indices Sensex and Nifty plummeted by over 3 per cent to close at almost one-year lows on Thursday as a sharp jump in crude oil prices and weak global trends, amid escalating strikes on energy infrastructure in West Asia, unnerved investors.Breaking its...

Mumbai, March 19 The benchmark stock indices, Sensex and Nifty, plummeted by over 3 per cent on Thursday as a sharp increase in crude oil prices and weak global trends, amid escalating strikes on energy infrastructure in West Asia, unnerved investors.The 30-share BSE Sensex fell by 2,496.89...

New Delhi, March 19 A day after HDFC Bank Chairman Atanu Chakraborty resigned due to ethical concerns, a top official from the Finance Ministry said on Thursday that the bank is a "strong institution with strong fundamentals".Financial Services Secretary M Nagaraju said that the Reserve Bank...