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Atanu Chakraborty's Exit Raised Governance Questions, Says HDFC Bank Chief Jagdishan
Jagdishan said HDFC Bank had continued to enhance its internal frameworks and refresh key control processes as part of its ongoing governance efforts.
HDFC Bank ex-chairman Atanu Chakraborty's FY26 earnings rise 3.5% despite early exit
Atanu Chakraborty's earnings rose to Rs 1.07 crore in FY26, as per HDFC Bank disclosures. He resigned as chairman citing ethical concerns, which raised governance questions. The bank appointed external law firms to review Chakraborty's statement. These firms found no substantiation for his claims after reviewing records. Chakraborty attended all board meetings until his resignation on March 18, 2026.
HDFC Bank Ex-Chairman Exit 'Challenging Event'; Corporate Governance Strong, Says CEO Jagdishan
HDFC Bank
HDFC Bank MD: Chakraborty's abrupt exit a 'challenging event' that raised governance questions
HDFC Bank MD Sashidhar Jagdishan addressed chairman Atanu Chakraborty's resignation and governance questions. External law firms reviewed Chakraborty's statement, finding it unsubstantiated by records and interviews. The bank welcomed new chairman Rajiv Kumar, noting his financial sector reform experience. Jagdishan assured shareholders of the bank's commitment to strong corporate governance standards. HDFC Bank continued its upward performance with increased advances and profitability.
HDFC Bank bets on AI, seeks ₹60,000 crore capital raise as digital push gathers pace
The lender has launched its in-house Generative AI platform Neev to embed artificial intelligence across operations, while its annual report also addressed governance concerns following former chairman Atanu Chakraborty's resignation.
HDFC Bank annual report details Atanu Chakraborty's pay, recounts events around his exit
HDFC Bank's FY26 annual report discloses former Chairman Atanu Chakraborty's remuneration, revisits the events surrounding his resignation and details the Board's response, including an independent legal review and assurances on the lender's governance standards
HDFC Bank CEO calls Atanu Chakraborty's exit a 'challenging event'; Keki Mistry reaffirms governance
HDFC Bank CEO Sashidhar Jagdishan has described former Chairman Atanu Chakraborty's resignation as a "challenging event", while interim Chairman Keki Mistry sought to reassure shareholders on the bank's governance standards.
HDFC Bank redeploys staff to customer-facing roles as tech efficiencies take hold: CEO Jagdishan
HDFC Bank is shifting employees to customer-facing roles, leveraging technology for efficiency gains. The bank is accelerating AI investments to improve customer communication and tackle fraud. Cybersecurity defenses have been strengthened against evolving digital threats. HDFC Bank's in-house AI model, Neev, supports these security and operational enhancements. Governance issues were addressed following a chairman's resignation and subsequent investigation.
Chairman's exit a 'challenging event' that raised governance questions: HDFC Bank CEO
In his annual letter to shareholders, Sashidhar Jagdishan noted that an independent probe by Indian and US law firms found no basis for Atanu Chakraborty's allegations regarding internal bank practices.
E20 Petrol: Why India wants ethanol blending and what are your worries? Key questions answered
The Ministry of Petroleum released FAQs to clarify the Ethanol Blended Petrol Programme. India's ethanol blending targets were met through improved governance and planning. Automakers were consulted on E20 fuel compatibility and vehicle performance. Ethanol prices are fixed to ensure fair returns to farmers. The EBP Programme has saved forex and reduced carbon emissions significantly.
Hexaware Technologies appoints Srinivasan Panchapakesan as President and Chief Platform Officer
Srinivasan will lead the development, integration, and scaling of Hexaware's platform portfolio, which includes Amaze for cloud modernization, RapidX for AI-accelerated software engineering, Tensai for agentic IT operations, and Agentverse for enterprise AI agents. He will also deepen the company's work with its AI ecosystem partners across the AI-native software development lifecycle. Additionally, he will oversee the roadmap, governance, and enterprise-scale adoption of Hexaware's unified platform portfolio.
Swiggy's foreign shareholding falls below 50%: What it means for investors
Swiggy's foreign shareholding now stands below fifty percent, meeting a key regulatory requirement. This change allows the company to pursue Indian-Owned-and-Controlled Company status under FEMA rules. However, full qualification is not expected until March 2027, after governance changes. Reducing foreign ownership further may impact index weightage for Swiggy. JM Financial maintains a 'Reduce' rating with an unchanged target price.