India, March 19 -- HDFC Bank's newly appointed interim chairman Keki Mistry on Thursday sought to reassure investors and stakeholders that the bank remains stable and that there are no material concerns following the sudden resignation of chairman Atanu Chakraborty over differences on "values and ethics".
In his first remarks after taking charge, Mistry said the board remains committed to maintaining confidence in the country's largest private-sector lender.
"The board remains committed to safeguarding investor confidence," Mistry said, adding that the bank wanted to assure all stakeholders that there were "no material matters at this point of time".
HDFC Bank's chief executive also emphasised continuity in the lender's operations. "We...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.