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HDFC Bank’s Ex-Chairman Explains Resignation: Misselling and Underperformance

HDFC Bank’s Ex-Chairman Explains Resignation: Misselling and Underperformance

Former HDFC Bank chairman Atanu Chakraborty reveals that his resignation was prompted by concerns over the misselling of AT-1 bonds and the bank’s overall underperformance, shedding light on governance and ethical considerations. IMAGE: Atanu Chakraborty, former non-executive chairman, HDFC Bank.

HDFC Bank launches independent review after Chairman Atanu Chakraborty’s ethics resignation

HDFC Bank launches independent review after Chairman Atanu Chakraborty’s ethics resignation

HDFC Bank has initiated a thorough independent review by external law firms to address the ethical concerns raised by its former Chairman, Atanu Chakraborty, whose abrupt resignation has prompted a proactive move to uphold the bank’s stringent governance standards. Photograph: