HDFC Bank conducts a governance review after its chairman, Atanu Chakraborty, resigns in March. Multiple reports say the bank reviews governance-related concerns raised around the leadership change and evaluates whether any lapses occurred. According to sources cited by Business Standard, Chakraborty resigns after citing an “incongruence” between his personal values, and the bank’s review process includes engagement with external advisors, including Mumbai-based Trilegal and Wadia Ghandy & Co.
India Today reports that the outcome is that the bank does not find major lapses following the chairman’s exit. Across the coverage, the focus is on whether the governance review identifies failures or procedural issues connected to the resignation and transition rather than on any specific misconduct allegation. The reporting indicates the review concludes without identifying significant governance shortcomings, though details of the review’s findings and any internal process changes are not provided in the excerpts.
