No material concerns at HDFC Bank, says RBI after Chakraborty's resignation

Wait 5 sec.

The Reserve Bank of India has voiced confidence in HDFC Bank's operations and oversight. This comes after the resignation of its part-time chairman, Atanu Chakraborty, who cited personal values. The RBI stated there are no material concerns regarding the bank's conduct or governance. HDFC Bank remains well-capitalised with strong financials and a competent management team.