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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.
How much did HDFC Bank's CEO and directors earn in FY26? Annual report reveals
How much did the leadership of India's largest private lender earn last year? HDFC Bank's FY26 annual report breaks down the remuneration of its CEO, executive directors and Board members, while also disclosing the payout made to former Chairman Atanu Chakraborty.
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
Bank Holiday Alert: SBI, HDFC, ICICI And Other Banks To Remain Closed For 4 Days Next Week; Check State-Wise List
Customers are advised to complete any branch-related work in advance to avoid inconvenience.
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.
GMR Airports receives upgrade in credit ratings from CARE
Further, CARE Ratings has upgraded its ratings from CARE A; Stable to CARE A+; Positive for the long term bank facilities availed/to be availed by the Company and has upgraded its rating from CARE A1 to CARE A1+ for the short term bank facilities availed by the Company.
Bank Deposits Jump Rs 7 Lakh Crore In A Fortnight, Third Highest In 29 Years — Here's Why
SBI Research said India has received $7 billion in FII inflows since the measures announced by the Government to bring foreign inflows and boost the rupee.
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.
Motilal Oswal Says Credit Growth Has More Legs; ICICI Bank, HDFC Bank, SBI Among Top Bets
Motilal Oswal on banking sector
TCS, HDFC Bank, 8 others with up to 49% upside. How many in your portfolio?
In a recent report, the brokerage has shortlisted 10 blue-chip stocks across multiple sectors that it believes offer attractive value and the potential to deliver returns of up to 49% return. Here’s the full list.