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No merit in issues flagged by ex-chair of HDFC Bank: Law firms
The reviews were prompted by former Chairman Atanu Chakraborty's dramatic March 18 resignation, a decision he had said in a letter to the exchanges was prompted by alleged deviations 'incongruent' with his ethics and value systems. The reference to possible ethical transgressions at the country's most-valued lender by Chakraborty, a former Secretary at the Department of Economic Affairs and a retired IAS officer, sent shockwaves through India's banking establishment and caused an immediate slide in the stock.
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economictimes.indiatimes.com
Timeline cronologica
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No merit in issues flagged by ex-chair of HDFC Bank: Law firms
The reviews were prompted by former Chairman Atanu Chakraborty's dramatic March 18 resignation, a decision he had said in a letter to the exchanges was prompted by alleged…
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HDFC Bank board to review findings on Atanu Chakraborty's exit on June 18
HDFC Bank's board meets June 18 to review legal findings on Atanu Chakraborty's concerns. Preliminary reports suggest no governance issues. The board will also seek a three-month…