The combined market valuation of eight of the top-10 most valued firms surged by Rs 4,13,003.23 crore last week, with HDFC Bank and ICICI Bank emerging as the biggest gainers, in tandem with an optimistic trend in equities. Last week, the BSE benchmark Sensex jumped 4,230.7 points or 5.77 per cent, and the NSE Nifty surged 1,337.5 points or 5.88 per cent. "Sentiment remained buoyant amid optimism surrounding a temporary USIran ceasefire, although lingering geopolitical uncertainties capped the pace of gains as the week progressed," Ajit Mishra, SVP, Research, Religare Broking Ltd, said. A sharp decline in crude oil prices below the USD 100 mark eased domestic concerns and triggered a strong rebound across markets, he added. From the top-10 pack, HDFC Bank, Bharti Airtel, State Bank of India, ICICI Bank, Tata Consultancy Services (TCS), Bajaj Finance, Larsen & Toubro and Hindustan Unilever were the winners, while Reliance Industries and Infosys faced erosion from their ...
The Reserve Bank did not come across any governance or conduct-related issues during supervisory inspection of HDFC Bank, Governor Sanjay Malhotra said on Wednesday. Responding to a question at the post-monetary policy press conference on sudden resignation of HDFC Bank Chairman Atanu Chakraborty and subsequent fall in its share price, Malhotra said RBI had also seen minutes of meetings of the lender, and the RBI did not find any thing of material concern. He said the RBI in its press release on March 19 too had said there were no material concerns on record as regards the bank's conduct or governance. "HDFC Bank is a Domestic Systemically Important Bank (D-SIB) with sound financials, professionally run board and competent management team. Basis our periodical assessment, there are no material concerns on record as regards its conduct or governance," the RBI said in its press release. Chakraborty had resigned on March 18. Malhotra also asserted that India's banking system is "very
Banks report higher low-cost deposits in March quarter, but analysts caution the uptick is seasonal amid persistent competition and pressure on deposit mobilisation
Despite attractive valuations, persistent FPI overweight and limited domestic mutual fund capacity may keep HDFC Bank stock vulnerable to further declines
HDFC Bank's boardroom tensions highlight a deeper issue: governance failures persist not due to weak rules, but weak internalisation of accountability and oversight
HDFC Bank and Bank of Baroda report robust loan growth in March 2026, with advances outpacing deposits even as time deposits continue to drive overall deposit expansion
Elara said the Nifty50 is currently trading at around 17.3 times one-year forward earnings, nearly 7 per cent below its 10-year average of 18.6 times, placing it in a historical 'bounce zone'
Atanu Chakraborty says resignation was driven by value incongruence over multiple issues, including AT-1 bond mis-selling and governance concerns, not any single trigger
Chakraborty abruptly resigned from the bank's board earlier this month, citing differences over "values and ethics" and triggering a stock selloff and a damage control exercise by the lender
Selloff knocks India out of $200-billion club, hits top firms; broker dynamics shift and IPO activity slows amid rising market volatility
Bankers seek debt moratorium for MSMEs With the West Asia conflict nearing a month, bankers have urged the RBI and Centre to consider a time-bound moratorium on debt repayments for MSMEs
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.