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India's HDFC Bank Taps External Law Firms to Review Ex-Chairman's Resignation, Shares Rise

  • HDFC Bank appointed domestic and international law firms to review the resignation letter of former part-time chairman Atanu Chakraborty, aiming to reinforce its governance standards.
  • Atanu Chakraborty resigned citing that certain bank practices over two years conflicted with his personal values and ethics, with his resignation dated March 17 or 18, 2026.
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Inventiva broke the news in on Monday, March 23, 2026.
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