HDFC Bank Chairman Atanu Chakraborty’s shock exit: What happened? What next? | Business Matters

2026-03-25 - 16:29

Atanu Chakraborty, the chairman of India’s second-largest bank which is also one of the three banks tagged as ‘systemically important’, made a shock exit late on Wednesday. He said there was a mismatch between his values and the bank’s and hence his exit. What led to this? Why did the chairman of a bank that is so important to the Indian financial system resign so suddenly?