SEBI Chair Flags HDFC Bank Governance, Maintains F&O Status Quo

• SEBI Chairman Tuhin Kanta Pandey addressed governance concerns at HDFC Bank and the regulator's stance on derivatives trading.
• Pandey emphasized institutional processes, transparency, and formal documentation for independent directors following HDFC Bank Chairman's resignation.
• HDFC Bank and RBI reassure stakeholders of no material governance or operational concerns, affirming financial soundness.
• SEBI maintains status quo on F&O trading, will analyze data until March before considering further steps.
• Previous measures to curb F&O speculation include tighter position limits, upfront margins, and enhanced monitoring.