Chairman's exit a 'challenging event' that raised governance questions: HDFC Bank CEO

In his annual letter to shareholders, Sashidhar Jagdishan noted that an independent probe by Indian and US law firms found no basis for Atanu Chakraborty's allegations regarding internal bank practices.

HDFC Bank chief executive Sashidhar Jagdishan said the sudden resignation of former chairman Atanu Chakraborty in March was a “challenging event” that trigg...