👥 HR & Workplace🇮🇳 India
HDFC Bank's Legal Review Clears CEO — Board Now Set to Decide on Jagdishan's Future
mint·Saturday, 27 June 2026
Law firms hired by HDFC Bank found no basis for the governance concerns raised by former chairman Atanu Chakraborty, who resigned in March. With the review complete, the bank's board is now expected to decide on whether to reappoint CEO Sashidhar Jagdishan. Chakraborty had called the appointment of external law firms, including an American one, a 'superfluous' compliance exercise.
Why It Matters
HDFC Bank is one of India's largest private banks, and leadership stability at the top directly affects millions of customers, investors, and employees.
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