HDFC Bank shares in focus as Atanu Chakraborty quits, says certain values didn’t align; ADRs tumble 7%

March 19, 2026

HDFC Bank faces potential selling pressure as its part-time Chairman, Atanu Chakraborty, resigned citing ethical concerns over recent bank practices. Keki Mistry has been appointed interim chairman. Chakraborty’s departure follows a period of significant events, including the merger with HDFC, which has yet to fully yield benefits.

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