HDFC Bank is not mulling legal action against former part-time Chairman Atanu Chakraborty, who resigned from the company in an unprecedented move last month, citing ethics and values. This article will be updated if HDFC Bank releases an official statement. The ET Now report further said that HDFC Bank will focus on an internal review rather than seeking a litigation. HDFC Bank appoints external law firms Days after Atanu Chakraborty's resignation on 18 March, HDFC Bank appointed two domestic and one international law firm to conduct an investigation and review the ex-chairman's letter. He also rued that “underperformance” of HDFC Bank was another reason behind his resignation.

Source: Mint April 03, 2026 19:27 UTC