governance committee

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    HDFC Bank Reviews Chairman's Concerns with External Law Firms

    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...
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    HDFC Bank Stock Drops Over 2% After Leadership Change

    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...
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    HDFC Bank Chairman Quits Without Specifics, Raising Questions

    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...
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    HDFC Bank Chairman Resigns Amid Ethical Concerns: RBI Statement

    Mumbai, March 19 Hours after HDFC Bank Chairman Atanu Chakraborty resigned, citing ethical concerns, the Reserve Bank said on Thursday that there were no significant concerns regarding the bank's conduct or governance."HDFC Bank is a Domestic Systemically Important Bank (D-SIB) with sound...
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