HDFC Bank Hires Lawyers to Review Ex-Chairman Atanu Chakraborty's Resignation

• HDFC Bank has engaged external law firms to review former part-time chairman Atanu Chakraborty's resignation letter.
• Chakraborty cited disagreements over values and ethics for his departure last week.
• The bank stated Chakraborty did not specify any conflicting events or practices in his letter.
• RBI affirmed HDFC Bank's stability and professional management, approving Keki Mistry as interim non-executive chairman.
• HDFC Bank shares dropped nearly 12% following Chakraborty's resignation.