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The Economic Times

Personal Finance / The Economic Times

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Who is Atanu Chakraborty and why did HDFC Bank lose Rs 1 lakh crore?

HDFC Bank's share price plummeted by up to 9%, wiping out over Rs 1 lakh crore in market value following the resignation of its part-time Chairman, Atanu Chakraborty. Chakraborty cited ethical concerns over the bank's practices in recent years. Interim Chairman Keki Mistry assured investors there was no power struggle and no governance issues were discussed by the board.

19 Mar 2026 1:14 pm