New Delhi, March 19 -- HDFC Bank share price will be in focus on Thursday after the private lender's part-time Chairman and independent director, Atanu Chakraborty resigned with immediate effect. HDFC Bank ADR cracked more than 7% overnight.

HDFC Bank's American Depositary Receipts (ADRs) on NYSE ended 7.28% lower at $26.62 apiece after the development.

HDFC Bank has appointed Keki Mistry, the former CEO of HDFC Ltd., as the interim part-time chairman, with effect from March 19, 2026, for a period of 3 months, following the approval from the Reserve Bank of India (RBI).

Chakraborty was Part-time Chairman and Independent Director of HDFC Bank, and had joined its board in May 2021.

In his resignation letter dated March 18, Chakraborty s...