HDFC Bank Ltd: Resignation of Part-time Chairman and Independent Director, Atanu Chakraborty

HDFC Bank Ltd has announced the resignation of Mr. Atanu Chakraborty as a Part-time Chairman and Independent Director, effective immediately. The resignation is due to certain practices within the bank that are not in line with his personal values and ethics. The Reserve Bank of India has approved the appointment of Mr. Keki Mistry as an interim Part-time Chairman for a period of 3 months. The bank appreciates Mr. Chakraborty's contributions during his tenure and wishes him success in his future endeavors.