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RBI Intensifies Scrutiny on HDFC Bank Boardroom Dispute, Demands Meeting Recordings, Probes Chairman's Resignation
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RBI Demands HDFC Bank Board Meeting Recordings Amid Chairman's Resignation Probe
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CNBC Awaaz
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25-03-2026, 16:32
RBI Demands HDFC Bank Board Meeting Recordings Amid Chairman's Resignation Probe
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RBI intensifies probe into HDFC Bank's boardroom turmoil following Chairman Atanu Chakraborty's resignation.
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Regulator demands audio-video recordings and minutes of board meetings from March 17-18, and NRC meeting.
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Chakraborty's resignation is linked to internal disagreements, reportedly with MD and CEO Sashi Jagdishan.
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RBI seeks to verify if Chakraborty's concerns were accurately recorded in board meeting minutes.
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Keki Mistry appointed interim chairman; law firms hired to review Chakraborty's resignation.
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