Atanu Chakraborty Questions HDFC Bank Legal Review, Says It Missed Key Resignation Issues

Summary

Atanu Chakraborty, former HDFC Bank Chairman, has questioned the bank's legal review of his resignation, saying it focused on compliance issues rather than the broader concerns he raised about certain business practices. Chakraborty stated that his resignation was due to a conflict between the bank's practices and his personal values, and was intended as a call for introspection by the board. The legal review's findings are likely to pave the way for HDFC Bank to expedite the appointment of a permanent chairman and the reappointment of its Managing Director and CEO.