HDFC Bank taps external counsel to review ex-chairman Atanu Chakraborty's resignation

HDFC Bank is hiring law firms to review the resignation letter of its former part-time chairman, Atanu Chakraborty. Chakraborty stepped down citing differences over values and ethics. The bank stated there were no material issues. The Reserve Bank of India affirmed HDFC Bank's sound financial standing. Keki Mistry has been appointed interim chairman.

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