May 13, 2026
Headlines

Atanu Chakraborty resignation

Jefferies

Jefferies Exits HDFC Bank Following Ex-Chairman Atanu Chakraborty’s Resignation, Trims India Weightage

Business News Desk03 mins mins

Global brokerage firm Jefferies has exited its position in HDFC Bank after the resignation of former chairman Atanu Chakraborty, signaling a cautious stance toward India’s financial sector. The move, which also involved trimming its overall India weightage, has sparked discussions about investor confidence, governance concerns, and the broader outlook for Indian equities. Background of the…

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Atanu Chakraborty

Atanu Chakraborty Quits as HDFC Bank Chairman Citing Ethical Concerns

Business News Desk03 mins mins

In a dramatic development in India’s banking sector, Atanu Chakraborty, the chairman of HDFC Bank, has resigned from his position, citing ethical concerns. His exit has sent shockwaves across the financial industry, raising questions about governance, transparency, and accountability in one of India’s largest private banks. Context of the Resignation Chakraborty, a former bureaucrat and…

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