The Economic Times

HDFC Bank legal review finds no evidence backing former chairman Atanu Chakraborty's allegations

HDFC Bank's extensive legal review found no evidence in board records to support concerns raised by former Chairman Atanu Chakraborty's resignation. The three-month investigation by domestic and US law firms examined meeting minutes, documents, and interviewed key personnel. This thorough process aimed to ascertain if Chakraborty's allegations had any basis in official communications or recorded dissent.