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June 18, 2026
Home Posts tagged HDFC Bank
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HDFC Bank reported a stronger-than-expected fourth-quarter profit, supported by solid growth in lending, especially in retail loans. The bank posted a standalone net profit of 192.2 billion rupees ($2.08 billion) for the quarter ended March 31, slightly above analyst estimates and higher than 176.16 billion rupees a year earlier. Growth in consumer borrowing was driven Continue Reading
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The sudden resignation of HDFC Bank chairman Atanu Chakraborty has exposed leadership tensions at India’s largest private lender, triggering a sharp market reaction and raising investor concerns. Chakraborty stepped down citing differences over “values and ethics,” leading to a significant stock selloff that wiped billions off the bank’s market value. While the bank and Continue Reading
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HDFC Bank Managing Director and CEO Sashidhar Jagdishan has approached the Bombay High Court seeking the quashing of a First Information Report (FIR) filed against him by the Lilavati Kirtilal Mehta Medical Trust, which operates Mumbai’s renowned Lilavati Hospital. The FIR accuses Jagdishan of accepting a ₹2.05 crore bribe to allegedly aid the Chetan Mehta […]Continue Reading
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