Chairman’s resignation sparks turbulence at HDFC Bank; stock crashes 5%, RBI, board rally behind bank
The sudden resignation and exit of Atanu Chakraborty as part-time Chairman & Independent Director of HDFC Bank, India’s largest private sector lender, caused massive value erosion of the bank’s stocks which on Thursday (March 19, 2026) fell to 52-weeks low before closing with a loss of 5.13% at Rs 799.70 on the BSE. The bank’s…

