His resignation letter alleged that practices within the bank were not in congruence with his personal values and ethics led to HDFC shares slumping to their lowest since June 2024.
Atanu Chakraborty’s sudden exit over “ethical differences” has rattled investors, erasing billions in value, as RBI steps in with rare public defence of the lender.
Committee on Petitions flags disproportionate charges, even as RBI allows penalties. Collectively, banks amassed a staggering Rs 28495 crore in the past 5 years as MAB charges.
The RBI's e-rupee uses blockchain distributed-ledger technology to substitute cash. The central bank is aiming for one million CBDC transactions each day by year's end.
BENGALURU (Reuters) - Indian private lender HDFC Bank Ltd said on Tuesday it would consider raising debt of 500 billion rupees (about $6 billion) over the next one year. The bank will discuss the fund
According to HDFC's executive director, across investor categories, there was LIC being one of the largest ones, along with other banks, mutual funds & pension trusts.
China patiently invested capital, skill and technology in coal gasification. Unlike it, we won’t move from words to action. As crude prices decline, we lose interest.
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