India’s central bank says found no material concerns at HDFC Bank after chairman exit

Source: Reuters (via feed)




India’s central bank said on Thursday it found no material concerns regarding HDFC Bank’s conduct or governance. The statement followed the resignation of the bank’s part-time chairman. He resigned citing differences with the lender over “values and ethics.”

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The central bank disclosed its review found no material concerns about HDFC Bank’s governance and conduct.


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