Differed with HDFC board over action on bonds: Atanu
Former HDFC Bank chairman Atanu Chakraborty disputes MD Sashidhar Jagdishan's claims regarding staff action on high-risk bond sales. Chakraborty asserts his resignation stemmed from a larger governance issue and a lack of alignment on ethics and values, not personality clashes or Jagdishan's reappointment. He emphasized the need for proactive risk avoidance.
Former HDFC Bank chairman Atanu Chakraborty disputes MD Sashidhar Jagdishan's claims regarding staff action on high-risk bond sales. Chakraborty asserts his resignation stemmed from a larger governance issue and a lack of alignment on ethics and values, not personality clashes or Jagdishan's reappointment. He emphasized the need for proactive risk avoidance.
