HDFC Bank CEO Sashidhar Jagdishan Welcomes New Investigation Post Chairman's Departure
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HDFC Bank Open to Fresh Probe After Atanu Chakraborty Exit: CEO Jagdishan
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Moneycontrol•23-03-2026, 08:20
HDFC Bank Open to Fresh Probe After Atanu Chakraborty Exit: CEO Jagdishan
•HDFC Bank MD and CEO Sashidhar Jagdishan stated the bank is open to examining any fresh concerns following former chairman Atanu Chakraborty's resignation.
•Jagdishan pledged a thorough and independent review, convening multiple board meetings to reassess past decisions and address gaps.
•Chakraborty resigned on March 19, citing "values and ethics" concerns, though Jagdishan noted no such issues were formally raised during his tenure.
•The CEO emphasized the bank's commitment to scrutiny, even if new issues emerge, and will act decisively on operational or conduct issues.
•HDFC Bank is exploring legal options and consulting experts, acknowledging the episode caused "a lot of angst" among investors.