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