RBI approves transition plan after HDFC Bank chairman’s resignation

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The Reserve Bank of India (RBI) said it has taken enactment of the caller developments successful HDFC Bank, where its part-time president Atanu Chakrabort had resigned.

It said a modulation statement arsenic requested by the Bank has been approved arsenic regards the presumption of part-time president of the Bank.

The RBI said HDFC Bank is simply a Domestic Systemically Important Bank (D-SIB) with dependable financials, a professionally tally committee and competent absorption team.

“Basis our periodical assessment, determination are nary worldly concerns connected grounds arsenic regards its behaviour oregon governance. The slope remains well-capitalised and the fiscal presumption of the slope remains satisfactory with capable liquidity,” it said successful a statement.

Reserve Bank volition proceed to prosecute with the Board and absorption connected the mode forward, it said.

Published - March 19, 2026 11:50 americium IST

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