HDFC Bank share price will be in focus on Thursday after the private lender’s part-time Chairman and independent director, Atanu Chakraborty resigned with immediate effect. HDFC Bank ADR cracked more than 7% overnight.
HDFC Bank’s American Depositary Receipts (ADRs) on NYSE ended 7.28% lower at $26.62 apiece after the development.
HDFC Bank has appointed Keki Mistry, the former CEO of HDFC Ltd., as the interim part-time chairman, with effect from March 19, 2026, for a period of 3 months
with approval from the Reserve Bank of India.
On Wednesday, HDFC Bank share price ended 0.34% lower at ₹842.95 apiece on the BSE.
(More to come)