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The Economic Times

Economy / The Economic Times

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No material concerns at HDFC Bank, says RBI after Chakraborty's resignation

The Reserve Bank of India has voiced confidence in HDFC Bank's operations and oversight. This comes after the resignation of its part-time chairman, Atanu Chakraborty, who cited personal values. The RBI stated there are no material concerns regarding the bank's conduct or governance. HDFC Bank remains well-capitalised with strong financials and a competent management team.

19 Mar 2026 11:36 am