India's central bank says found no material concerns at HDFC Bank after chairman exit
Published on March 19, 2026.
India's Reserve Bank of India (RBI) has stated that there are no material concerns regarding HDFC Bank's conduct or governance following the resignation of its chairman, Atanu Chakraborty. The bank's shares fell by as much as 8.7% following Chakraborey's departure. The Reserve Bank confirmed that the bank remains well-capitalised and the financial position of the bank is satisfactory.
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