63
Economics1h 40m ago

HDFC Bank's board meets June 18 to review legal findings on Atanu Chakraborty's concerns and will seek a three-month extension for interim chairman Keki Mistry, pending RBI approval.

Mumbai

Who
HDFC Bank board, Atanu Chakraborty, Keki Mistry, Reserve Bank of India (RBI)
What
HDFC Bank's board meets June 18 to review legal findings on Atanu Chakraborty's concerns and will seek a three-month extension for interim chairman Keki Mistry, pending RBI approval.
When
Tue, 16 Jun 2026 19:25:00 GMT · 1h 40m ago
Where
Mumbai ·
Why
The board will review the findings of law firms appointed to examine concerns raised by former chairman Atanu Chakraborty in his resignation letter, and also address the upcoming expiry of Keki Mistry's term.
The Frontline Impact

How this affects you

The review of alleged governance issues and the uncertainty surrounding the interim chairman's extension could impact HDFC Bank's leadership stability and public perception, particularly after the bank's stock slid following the former chairman's resignation.

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