Resignation of a former chairman and uncertainty over reappointment are weighing on the stock of major banks like HDFC and ICICI.
1 report, 1 independent
Updated Aug 1
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What happened
Resignation of a former chairman and uncertainty over reappointment are weighing on the stock of major banks like HDFC and ICICI.
Who's involved
What this event is mainly aboutKeep exploring
The entities involved
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ICICI Bank
Indian multinational Bank
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Sashidhar Jagdishan
CEO of HDFC Bank
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Atanu Chakraborty
Indian Administrative Service officer
Nothing else this week.
Related events
- ICICI Bank faced issues related to Dubai operations, leading to Atanu Chakraborty's resignation and Sashidhar Jagdishan succeeding Aditya Puri.
- Sashidhar Jagdishan is retiring from the bank's services while the board manages the succession planning.
- HDFC Bank is facing governance risks and deposit issues as Sashidhar Jagdishan leads the bank through a leadership transition.
- Anil Khandelwal resigned from the Rashi Peripherals board, an exit noted to resemble Atanu Chakraborty's resignation.
- The Reserve Bank of India sought views from the CEO of ICICI Bank on September 1, 2026.