When a non-playing captain steps up

HDFC Bank chairman Atanu Chakraborty has resigned unexpectedly. This move follows reports of disagreements with the bank's leadership. Sources suggest Chakraborty's involvement in daily operations and senior promotions caused friction. The bank's management and the regulator reportedly aligned against the chairman's actions. This development follows the significant merger of HDFC and HDFC Bank.

from Banking-Banking/Finance-Industry-Economic Times https://ift.tt/SH6AVZJ
via IFTTT

Comments

Popular posts from this blog

Bank transmit lending rates faster than deposit rates in September

RBI cancels licence of Rajasthan-based Sumerpur Mercantile Urban Coop Bank