New Delhi, March 20 -- HDFC Bank share price slumped another 2% in intraday deals on Friday, March 20, extending its decline to the second day, after non-executive chairman Atanu Chakraborty abruptly resigned, citing differences over "values and ethics".

The shares of India's largest private lender hit the day's low of Rs.781 and hovered close to their 52-week low of Rs.772 hit in the last trading session. So far in March, HDFC Bank stock has lost over 10%, putting it on track for the worst monthly decline since March 2020.

More to come.

Published by HT Digital Content Services with permission from MINT....