'HDFC Bank conducted a conference call on 19 March 2026 to discuss the recent development regarding the resignation of Atanu Chakrabarti as part-time chairman and independent director of the bank. Keki Mistry, newly appointed interim chairman, Sashidhar Jagdishan, MD&CEO of the bank addressed the call:
Highlights:
The board of the bank has accepted resignation of Part Time Chairman with appreciation for his guidance and contribution during his tenure.
The bank wish to assure all stakeholders that there are no material matters at this point of time.
Based on discussions, there was no specific happenings and practices that were brought to attention of the board. There were no specific operational or other issues that have been highlighted.
The board''s oversight mechanism remains fully operational and collective commitment to protecting the interests of the institution, depositors, shareholders and all stakeholders is completely and totally u...
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