HDFC Bank CEO Reveals Chairman's Shock Resignation: "A Surprise for Everyone"

• HDFC Bank MD and CEO Sashidhar Jagdishan detailed Chairman Atanu Chakraborty's unexpected resignation in an interview with CNBC-TV18.
• Jagdishan stated the resignation was a complete surprise to the board, with no prior indication.
• The CEO emphasized the bank's strong foundation, acknowledging minor issues are normal in a large institution, and denied any personal conflict with Chakraborty.
• Jagdishan confirmed his readiness to be a candidate for the next CEO term and assured active communication with investors and media.
• He expressed confidence that HDFC Bank would turn this crisis into an opportunity, leveraging its 30-year history of overcoming challenges.