HDFC Bank

HDFC Bank chairman Atanu Chakraborty resigned following disagreements with CEO Sashidhar Jagdishan, with sources citing a power struggle and differing views on leadership

The next round of appointments to private bank boards following Atanu Chakraborty's resignation as HDFC Bank chairman will be subject to intense scrutiny by the RBI

HDFC Bank has reappointed Sunita Maheshwari as an independent director for three years, subject to shareholder approval, strengthening its board composition

In his resignation letter, Chakraborty cited "certain happenings and practices within the bank" that he said were "not in congruence" with his personal values and ethics

Many large Indian firms that once commanded premium valuations have had their records and reputations questioned over the past decade

HDFC Bank's two-day rally follows a sharp 12 per cent decline over the previous three sessions, triggered by the abrupt resignation of Atanu Chakraborty, the non-executive chairman of HDFC Bank

Move follows Atanu Chakraborty's resignation citing ethical concerns; bank seeks to reinforce governance standards amid investor worries

HDFC Bank faces fresh scrutiny after its former chairman's exit revived concerns over client losses from Credit Suisse AT1 bonds mis-selling allegations and regulatory lapses

From April 1, 2026, major banks like HDFC Bank, PNB, and Bandhan Bank are changing ATM rules. UPI withdrawals will now count toward limits, daily caps are being cut, and fees may kick in faster.

HDFC Bank said that Chakraborty 'did not mention any happenings and practices which were not in congruence with his personal values and ethics'

Stocks to Watch today, March 24, 2026: From HDFC Bank to oil related stocks, here is a list of shares that will remain on investors' radar

Sebi will review HDFC Bank board minutes after chairman Atanu Chakraborty's exit, with its chief cautioning independent directors against unsubstantiated remarks

HDFC Bank's sharp fall has eroded Rs 50,000 crore from mutual fund portfolios, with high exposure across schemes limiting fund managers' ability to deploy fresh capital

Days after the surprise resignation of HDFC Bank non-executive chairman Atanu Chakraborty, capital markets regulator Sebi's chairman Tuhin Kanta Pandey on Monday said independent directors are expected to act responsibly and not make any insinuations. In the comments that come in response to the executive chairman leaving the largest private sector lender, citing concerns on ethics and values, Pandey reminded of the responsibilities of independent directors like Chakraborty. It can be noted that the resignation had led to a sharp correction in the HDFC Bank scrip, as investors became concerned. The independent directors are required to be protectors of the interests of minority shareholders and should act "responsibly", Pandey told reporters here. "No one is expected to make insinuations without proper evidence and recordings," Pandey told reporters in the customary post-board meet interaction. Reading out from statutes, he said there is a system in place to deal with independent

Kunal Kamble, technical analyst at Bonanza cautions against venturing into HDFC Bank stock for now due to a weak chart setup; while he sees support for Larsen & Toubro around ₹3,100 levels.

The rift came down to differing views over accountability, particularly over client losses tied to risky bonds sold by Credit Suisse

Here are the best of Business Standard's opinion pieces for today

HDFC Bank CEO Sashidhar Jagdishan says Chakraborty's exit and UAE onboarding gaps are unrelated, stresses strong governance, compliance fixes, and growth-focused strategy ahead

The sudden resignation of its chairman, therefore, cannot be treated as an ordinary event

The combined market valuation of five of the top-10 most-valued firms eroded by Rs 1 lakh crore last week, with HDFC Bank taking the biggest hit. Last week, the BSE benchmark Sensex dipped 30.96 points, or 0.04 per cent, and the NSE Nifty slipped 36.6 points, or 0.15 per cent. "Markets ended the week on a largely flat note with a negative bias, reflecting underlying caution among participants. The tone remained positive during the first three sessions; however, a sharp decline on Thursday erased the gains, followed by a volatile final session," Ajit Mishra, SVP, Research, Religare Broking Ltd, said. While HDFC Bank, ICICI Bank, Tata Consultancy Services (TCS), Bajaj Finance and Hindustan Unilever were the laggards, Reliance Industries, Bharti Airtel, State Bank of India, Infosys, and Life Insurance Corporation of India (LIC) emerged as the winners. The combined market valuation of the five firms eroded by Rs 1,02,771.87 crore. HDFC Bank's valuation tumbled Rs 56,124.48 crore to Rs