HDFC Bank, India’s largest private-sector lender, announced an 8.04 per cent surge in its March quarter consolidated net profit to Rs 20,350.76 crore, while simultaneously cautioning about the potential impact of the West Asia conflict on its small-business borrowers. Photograph:
‘When there is such an elaborate and a strong process, one would have expected anyone to either place the issues so that they can be addressed or go to the regulator and probably tell them rather than creating a kind
The Financial Times, citing multiple bankers and shareholders, reports that the real tensions ran far deeper than compliance concerns. Key Points HDFC Bank’s non-executive chairman Atanu Chakraborty and CEO Sashidhar Jagdishan were involved in a power struggle according to the
