HDFC Bank Share Price LIVE: Stock pares losses as ex-chairman says resignation ‘quite routine’, down 3.62%

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Atanu Chakraborty

DFC Bank shares immediately, HDFC Bank share worth LIVE updates: Shares of HDFC Bank fell as a lot as 8.7% on Thursday earlier than paring losses, ‌after India’s second-largest lender mentioned its part-time chairman Atanu Chakraborty resigned ⁠citing variations over “values and ethics”, which has raised governance issues.

The inventory is buying and selling at ₹813.25, down 3.52%, at 1.05 p.m. 

Former bureaucrat Chakraborty was appointed as HDFC financial institution’s part-time chairman in ‌April 2021 for a three-year time period and reappointed in 2024 by May 2027.

“Certain happenings and practices within the bank, ‌that I have observed over last two years, are not in congruence with my personal values and ethics,” ⁠Chakraborty mentioned in his resignation letter, with out elaborating. 

RBI has accepted the appointment of long-time HDFC group insider Keki Mistry as an interim part-time chairman for 3 months, the financial institution mentioned.

What RBI says in regards to the financial institution

RBI mentioned it has taken be aware of the current developments in HDFC Bank.

RBI emphasised that HDFC Bank is a Domestic Systemically Important Bank (D-SIB) with sound financials, a professionally run board and competent administration group.

“Basis our periodical assessment, there are no material concerns on record as regards its conduct or governance. The bank remains well-capitalised and the financial position of the bank remains satisfactory with sufficient liquidity,” it mentioned.

“Reserve Bank will continue to engage with the board and management on the way forward,” it added in a press release.

Key Highlights

  • HDFC Bank shares drop 3.52% on BSE to ₹813.25
  • RBI approves appointment of Keki Mistry as interim chair
  • CEO says Deputy MD Bharucha to get extra obligations
  • Chakraborty’s exit has nothing to do with operational profitability of financial institution: Mistry
  • RBI says HDFC Bank is financially sound; no materials issues
  • Brokerages, analysts say near-term underperformance seen for HDFC inventory
  • Atanu Chakraborty calls resignation ‘quite routine’

  • March 19, 2026 12:36

    Former Non-Executive Chairman Atanu Chakraborty calls resignation from HDFC Bank ‘routine’

    In his first response following his resignation, Atanu Chakraborty, former Non-Executive Chairman of HDFC Bank, described the event as a routine matter and declined to elaborate on the circumstances surrounding his exit.

    Atanu Chakraborty calls resignation from HDFC Bank ‘routine’

    Atanu Chakraborty calls his HDFC Bank resignation routine, whereas RBI assures the financial institution’s monetary stability and governance.

  • March 19, 2026 12:24

    HDFC Bank newest information updates: Department of Financial Services (DFS) helps RBI assertion on the financial institution

  • March 19, 2026 12:11

    HDFC shares present indicators of restoration after RBI’s assurance; inventory at 809.60, down 3.97%

  • March 19, 2026 12:11

    HDFC Bank interim chair Keki Mistry reasserts that Board members aren’t conscious in regards to the challenge which now-resigned chairman Atanu Chakraborty talked about within the letter

  • March 19, 2026 12:08

    Bank operates with strong governance requirements, says HDFC Bank interim chair Keki Mistry throughout concall

  • March 19, 2026 12:06

    Wish to guarantee the shareholders that there are not any operational points: Keki Mistry

  • March 19, 2026 12:06

    I might not have taken the accountability on the age of 71 if the financial institution had not aligned with the integrity and my ethics: Interim chair Keki Mistry throughout concall

  • March 19, 2026 11:57

    HDFC Bank inventory worth stay: MacQuarie says near-term underperformance might stay

  • March 19, 2026 11:56

    HDFC Bank share worth stay: MacQuarie says that whereas fundamentals stay robust with good ROA, at this cut-off date, governance issues will weigh down closely on the inventory

  • March 19, 2026 11:55

    HDFC Bank shares recuperate, commerce 5% decrease after chairman quits

    Shares of HDFC Bank dived practically 9 per cent in Thursday morning commerce earlier than recovering to commerce at about 5 per cent decrease. Late on Wednesday, Atanu Chakraborty resigned as chairman of the nation’s second-biggest lender citing ‘ethical concerns’.

    HDFC Bank shares tumble practically 9% after chairman quits

    HDFC Bank shares fall practically 9% after chairman resigns over moral issues, eroding market worth by ₹65,176 crore.

  • March 19, 2026 11:53

    The announcement of the resignation weighed on investor sentiment, resulting in a pointy fall within the financial institution’s inventory throughout the buying and selling session.

  • March 19, 2026 11:49

    No materials issues on file as regards HDFC Bank’s conduct or governance: RBI

    RBI says it discovered no materials issues at HDFC Bank after chairman’s exit

    RBI discovered no materials issues in HDFC Bank’s governance or funds following chairman Atanu Chakraborty’s resignation.

  • March 19, 2026 11:45

    Atanu Chakraborty was appointed to the board of HDFC in 2021. He was paid a wage of ₹1 crore per 12 months for serving as unbiased director & Chairman

    Screenshot 2026-03-19 114105.png

    (DIN supply: Trendlyne)

  • March 19, 2026 11:45

    HDFC Bank Chairman Atanu Chakraborty resigns citing ‘Values and Ethics’ issues

    Chakraborty cited “certain happenings and practices within the bank, that I have observed over last two years, are not in congruence with my personal values and ethics” as the premise for his choice to step down.

  • March 19, 2026 11:41

    RBI says no materials issues on governance, conduct after Atanu Chakraborty’s exit

    The Reserve Bank of India (RBI) on Thursday mentioned there are not any materials issues on file as regards HDFC Bank’s conduct or governance. This assertion comes within the backdrop the resignation of Atanu Chakraborty as the Part-time Chairman and Independent Director of Bank with fast impact.

  • March 19, 2026 11:29

    HDFC Bank inventory worth: Kotak says chairman exit provides “incremental uncertainty” to weak sentiment; valuation restoration might ‌keep sluggish

  • March 19, 2026 11:28

    HDFC Bank says ex-chairman gave no particulars regardless of repeated questions

  • March 19, 2026 11:28

    Macquarie Research ‌removes HDFC Bank from marquee purchase listing; says near-term ‌underperformance might persist ‌on governance issues

  • March 19, 2026 11:27

    HDFC Bank inventory set for steepest single-day drop since July 2024

  • March 19, 2026 11:26

    RBI says it discovered no materials issues at HDFC Bank after chairman’s exit

    The Reserve Bank of India mentioned on Thursday ‌it discovered no materials ⁠issues concerning HDFC Bank’s conduct or governance ‌after its part-time chairman resigned ‌citing ‌variations ⁠with the ⁠lender over “values and ethics”.

    RBI says it discovered no materials issues at HDFC Bank after chairman’s exit

    RBI discovered no materials issues in HDFC Bank’s governance or funds following chairman Atanu Chakraborty’s resignation.

  • March 19, 2026 11:25

    Sensex plunges 1,700 factors as West Asia struggle, oil surge set off international selloff

    Sensex plunges 1,600 factors as West Asia struggle, oil surge set off international selloff

    Sensex plunged 1,600 factors amid West Asia battle, rising oil costs, and international market selloff triggering widespread investor panic.

  • March 19, 2026 11:21

    HDFC Bank shares tumble practically 9% after chairman quits

    Shares of HDFC Bank dived practically 9 per cent on Thursday morning commerce after Atanu Chakraborty resigned as chairman of the nation’s second largest lender citing moral issues.

    HDFC Bank shares tumble practically 9% after chairman quits

    HDFC Bank shares fall practically 9% after chairman resigns over moral issues, eroding market worth by ₹65,176 crore.

  • March 19, 2026 11:10

    Reserve Bank of India points assertion on the occasions at HDFC Bank

    The Reserve Bank has taken be aware of the current developments in HDFC Bank. A transition association as requested by the Bank has been accepted by Reserve Bank as regards the place of Part Time Chairman of the Bank.

    HDFC Bank is a Domestic Systemically Important Bank (D-SIB) with sound financials, professionally run board and competent administration group. Basis our periodical evaluation, there are not any materials issues on file as regards its conduct or governance. The financial institution stays well-capitalized and the monetary place of the financial institution stays passable with adequate liquidity.

    Reserve Bank will proceed to interact with the Board and administration on the way in which ahead.

  • March 19, 2026 11:06

    Compliance and governance and controls stays very robust, says HDFC Bank

  • March 19, 2026 11:06

    HDFC Bank says chairman exit could also be over rift with administration; inventory falls

    India largest personal lender mentioned on Thursday that the abrupt exit of its ‌chairman could possibly be on account of a rift between him and the administration group, including there have been no materials ⁠points on the financial institution.

    HDFC Bank says chairman exit could also be over rift with administration; inventory falls

    HDFC Bank chairman resigns over administration rift, citing moral variations, triggering an 8.7% inventory decline and governance issues.

  • March 19, 2026 11:05

    HDFC Bank says regulators have been commonly doing onsite and offsite inspections and cozy with the financial institution (Source: MacQuarie)

  • March 19, 2026 11:04

    HDFC Bank’s NRC committee to take a name on CEO re-appointment – arising for renewal in October 2026 (Source: MacQuarie)

  • March 19, 2026 11:03

    Atanu Chakraborty, a former IAS officer, was appointed as HDFC Bank’s chairman in April 2021 for a three-year time period and reappointed in 2024 by May 2027

  • March 19, 2026 11:02

    Chakraborty’s resignation has nothing to do with operational profitability of financial institution: HDFC Bank interim chair Keki Mistry

  • March 19, 2026 10:53

    JP Morgan on HDFC financial institution

    JP Morgan mentioned the chairman’s exit provides to macro headwinds.

    “Two things stood out to us in the resignation letter. Mr. Chakraborty cited the following as a key reason for stepping down: ‘Certain happenings and practices within the bank, that I have observed over the last two years, are not in congruence with my personal Values and Ethics’ and Benefits of HDFC Bank-HDFC Ltd merger are yet to fully fructify,” it mentioned.

    JP Morgan believes the inventory is more likely to commerce weakly following the resignation announcement, with the influence to be additional amplified by a softer macro backdrop amid geopolitical uncertainties.

    “Reasons for resignation do raise some concerns about potential material disagreements between board & co’s leadership, risking board‑management cohesion and, in turn, future decision‑making and execution,” JP Morgan mentioned.

    “While the letter does not allege specific misconduct, perception alone can weigh on sentiment until credible steps are outlined and delivered,” it added.

  • March 19, 2026 10:51

    Amit Tandon, chief govt, Institutional Investor Advisory Services, and HDFC Bank shareholder, says RBI ought to be on prime of the difficulty

    “The RBI should be on top of the issue as HDFC Bank is a systematically important ‌bank. But since the RBI has appointed a group insider Keki Mistry in his place it could mean less alarm for shareholders”

  • March 19, 2026 10:49

    Kotak Institutional Equities says present episode raises issues for the HDFC Bank inventory

    “While governance standards have historically been strong for the bank, the current episode raises concerns about aspects that we may have limited insights, but could be material from a stock multiple perspective,” ‌mentioned Kotak Institutional Equities in a be aware.

  • March 19, 2026 10:47

    Board stays dedicated to safeguarding investor confidence: HDFC Bank Interim Chair Keki Mistri

  • March 19, 2026 10:45

    HDFC Bank Interim Chair Keki Mistri says variations on minor points come up occasionally; no materials points raised by now-resigned Atanu Chakraborty

  • March 19, 2026 10:42

    HDFC Bank shares down 5.11% as Chairman quits over moral issues

    HDFC Bank shares plummeted sharply in early commerce on Thursday after Atanu Chakraborty, the financial institution’s Part-time Chairman and Independent Director, resigned citing moral issues in regards to the lender’s inner practices.

    HDFC Bank shares down 5.11% as Chairman quits over moral issues

    HDFC Bank shares hit a 52-week low after Chairman resigns over moral issues, inflicting sharp investor sell-off.

  • March 19, 2026 10:41

    HDFC Bank CEO says will proceed to make sure belief on the financial institution is maintained

  • March 19, 2026 10:39

    HDFC Bank’s part-time chair Atanu Chakraborty’s resignation letter filed with the BSE

  • March 19, 2026 10:36

    HDFC Bank’s US-listed shares fall 7% after chairman resignation

  • March 19, 2026 10:33

    HDFC Bank CEO Sashidhar Jagdishan says will re-examine organisational construction shifting ahead

  • March 19, 2026 10:31

    HDFC Bank CEO says Deputy MD Bharucha will get extra obligations going ahead

  • March 19, 2026 10:30

    HDFC Bank interim chair Keki Mistry says no energy wrestle throughout the financial institution
    physique

  • March 19, 2026 10:22

    HDFC Bank information updates: RBI approves appointment of Keki Mistry as an interim Part-time Chairman of the Bank with impact from March 19, 2026, for a interval of three months

  • March 19, 2026 10:13

    HDFC Bank inventory stay: Investor issues rise as chairman quits

    The sell-off displays sharp investor concern. The inventory has misplaced over 19 per cent year-to-date and is down practically 8 per cent over the previous 12 months, considerably underperforming the broader Nifty 50 index. Its market capitalisation presently stands at roughly ₹12.31 lakh crore. The 52-week excessive was ₹1,020.50, recorded in October 2025, placing the inventory practically 22 per cent beneath that peak.

  • March 19, 2026 10:10

    HDFC share worth stay: HDFC Bank shares down 5.11% as Chairman quits over moral issues

    HDFC Bank shares plummeted sharply in early commerce on Thursday after Atanu Chakraborty, the financial institution’s Part-time Chairman and Independent Director, resigned citing moral issues in regards to the lender’s inner practices.

Published on March 19, 2026

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