atanu chakraborty

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    RBI Consolidates Regulations to Boost Bank Board Efficiency

    Mumbai, April 8 In an effort to promote ease of doing business, Reserve Bank Governor Sanjay Malhotra proposed on Wednesday to revise and rationalize guidelines to facilitate better utilization of bank board time, and draft directions in this regard would be released shortly.The matters to be...
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    Former HDFC Bank Chairman Highlights Governance Concerns

    Mumbai, March 30 The reasons for his resignation were the mis-selling of AT-1 bonds, which led to criticism from regulators, and the under-performance of HDFC Bank, the country's largest private sector lender, according to former chairman Atanu Chakraborty on Monday.He said that personal...
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    Brokerage Adjustments Following HDFC Bank Chairman Resignation

    Jefferies Exits HDFC Bank, Cuts India Exposure After Chairman ResignationNew Delhi, March 27: Global brokerage Jefferies has exited its holdings in HDFC Bank and trimmed its exposure to India across key portfolios following the resignation of the bank’s part-time chairman, Atanu Chakraborty...
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    Governance Review at HDFC Bank Following Leadership Change

    HDFC Bank Appoints External Law Firms to Review Atanu Chakraborty’s Resignation Board Moves to Strengthen Governance Oversight Mumbai, March 24: HDFC Bank has announced that its Board has approved the appointment of external law firms, both domestic and international, to review the resignation...
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    Governance Concerns Rise as HDFC Bank Resigns Chairman

    Mumbai, March 23 In the wake of the HDFC Bank crisis triggered by chairman Atanu Chakraborty's sudden resignation, Sebi chairman Tuhin Kanta Pandey said on Monday that independent directors need to act responsibly and back up any accusations with evidence.In comments that came days after...
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    Market Valuation Declines as HDFC Bank Chairman Resigns

    New Delhi, March 23 Shares of HDFC Bank have been on a downward trend, falling by nearly 12 per cent in three days, after its non-executive chairman Atanu Chakraborty abruptly resigned, citing differences over "values and ethics".On Monday, the heavyweight stock plummeted 4.70 per cent to...
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    Regulatory Action Follows HDFC Bank's DIFC Client Onboarding Concerns

    HDFC Bank Terminates Three Employees Over DIFC Onboarding Lapses After Chairman’s Resignation Action Taken Following Dubai Branch Compliance Issues New Delhi, March 21: Days after the resignation of HDFC Bank Chairman Atanu Chakraborty over ethical concerns, the bank has terminated three...
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    HDFC Bank Addresses Client Onboarding Concerns at DIFC

    New Delhi, March 20 Days after the resignation of HDFC Bank chairman Atanu Chakraborty, citing ethical concerns, the bank has terminated the services of three employees for gaps in client onboarding at its Dubai International Financial Centre (DIFC) branch.According to sources, HDFC Bank has...
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    HDFC Bank Chairman Quits Without Specifics, Raising Questions

    HDFC Bank Chairman Atanu Chakraborty Resigns Citing "Values and Ethics" Differences New Delhi/Mumbai, March 19 – HDFC Bank’s non-executive chairman Atanu Chakraborty has resigned abruptly, citing differences over "values and ethics," a rationale the bank described as baffling due to the absence...
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    Stock Market Crash Wipes Out ₹12.87 Lakh Crore in a Day as Sensex Plunges Over 3%

    Stock Market Crash Wipes Out ₹12.87 Lakh Crore in a Day as Sensex Plunges Over 3% Investor Wealth Erosion Deepens Amid West Asia Tensions New Delhi, March 19: Equity investors saw their wealth shrink by ₹12.87 lakh crore on Thursday as Indian stock markets witnessed a sharp sell-off, triggered...
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    Sensex, Nifty Crash Over 3% to Near One-Year Lows as Oil Spike and West Asia Tensions Shake Markets

    Sensex, Nifty Crash Over 3% to Near One-Year Lows as Oil Spike and West Asia Tensions Shake Markets Sharp Sell-Off Erases Recent Gains Mumbai, March 19: Benchmark equity indices Sensex and Nifty plunged more than 3 per cent on Thursday, closing near one-year lows as a surge in crude oil prices...
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    HDFC Bank Faces Market Decline Following Chairman Departure

    HDFC Bank Shares Slide as ADRs Drop 8% After Chairman Resignation HDFC Bank Stock Falls Sharply in Domestic and Global Markets Mumbai, March 19: Shares of HDFC Bank witnessed heavy selling pressure on Thursday, both in domestic markets and overseas trading, following the resignation of its...
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    HDFC Bank Appoints Interim Chairman After Chakraborty Resignation

    HDFC Bank Chairman Atanu Chakraborty Resigns Citing Ethical Concerns First Mid-Term Exit Raises Governance Questions at India’s Second-Largest Lender New Delhi, March 19 In a sudden development, Atanu Chakraborty has resigned as the part-time chairman of HDFC Bank, citing ethical concerns...
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