HDFC Bank Under Scrutiny As CEO Announces Exit, Chairman Resigns, US Lawsuit Looms | Vantage | 4K

HDFC Bank, India’s largest private sector lender, is facing a series of developments involving its leadership, governance and internal controls. In this video, Firstpost examines CEO and Managing Director Sashidhar Jagdishan’s decision to retire in October, following the earlier resignation of chairman Atanu Chakraborty. The video also covers the bank’s review of payments linked to an institutional deposit, penalties imposed on three senior executives, scrutiny by the Reserve Bank of India and a lawsuit filed in the United States by investors. It also looks at the bank’s overseas operations and the recent movement in HDFC Bank’s shares. Hem Saroya tells you more.

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HDFC Bank | HDFC Bank Crisis | Sashidhar Jagdishan | HDFC Bank CEO | Atanu Chakraborty | HDFC Bank Governance | HDFC Bank RBI | HDFC Bank Investigation | HDFC Bank Shares | Firstpost | Vantage | Hem Saroya | News

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