India, March 19 -- In his first response following his surprise resignation as HDFC chairman, Atanu Chakraborty described the development as a routine matter and declined to elaborate on the circumstances surrounding his exit.

"That's (resignation) on the exchange website. Nothing worth discussion. It's quite routine," Chakraborty said, speaking to ANI news agency, indicating that the details of his resignation have already been disclosed through official channels.

Chakraborty, a former secretary, Department of Economic Affairs, Finance Ministry, stepped down as the Non-Executive Chairman of HDFC Bank, one of India's largest private sector lenders.

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