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Informist, Thursday, Mar. 19, 2026

 

--Atanu Chakraborty resigns as part-time chairman of HDFC Bank 

--HDFC Bk appoints Keki Mistry as interim part-time chairman from Thu 

--HDFC Bank appoints Keki Mistry as interim part-time chairman for 3 mos 

--HDFC Bk Chakraborty exits citing bk practices not in line with his values 

 

MUMBAI – HDFC Bank late Wednesday informed exchanges that its director and part-time chairman Atanu Chakraborty has tendered his resignation from the post with immediate effect. The bank has appointed Keki Mistry as interim part-time chairman effective Thursday, and he will hold the post for three months, post approval from Reserve Bank of India. 

 

Chakraborty resigned as part-time chairman stating, "Certain practices and happenings within the bank" over last two years were not in congruence with his personal "values and ethics." He also confirmed there were no other material reasons for his resignation. Charaborty had joined HDFC Bank's board in 2021. 

 

For the December quarter, the private lender had reported a net profit of INR 186.54 billion and total income of INR 900.05 billion. On Wednesday, shares of the bank closed a tad lower at INR 843.05 on the National Stock Exchange.  End

 

Reported by Gopika Balasubramanium

Edited by Avishek Dutta

 

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