India, March 19 -- Keki Mistry has sought to calm nerves of investors to employees and customers alike after the sudden resignation of part-time chairman Atanu Chakraborty over "ethical concerns".

HDFC Bank shares slid 8.7% in pre-open trade on Thursday, after India's largest private-sector lender said its part-time chairman Atanu Chakraborty resigned citing differences over "values and ethics".

This is a developing story. More to come.

Published by HT Digital Content Services with permission from Hindustan Times....