- Atanu Chakraborty is publicly referenced in the 'Dubai matter' regarding governance issues of a board meeting, while claims about his resignation are under review.
- A law firm was commissioned to investigate the tenure of former Indian lender chairman Atanu Chakraborty.
The Reserve Bank of India is assessing the suitability of a financial institution, leading to a leadership transition where Aditya Puri passed the baton to Sashidhar Jagdishan, following a legal review.
7 reports, 3 independent
Updated Sep 22
Gone quiet
Reached 3 outlets in its first 24 hours
- Reports
- 7
- Developments
- 5
- Repetition
- 86%
New informationRepeats or wire copies
AI-generated analysis. Brind wrote this summary from the reports listed below. It can be wrong. Each section says how much you can rely on it, and the sources are linked so you can check.
What happened
The Reserve Bank of India is assessing the suitability of a financial institution, leading to a leadership transition where Aditya Puri passed the baton to Sashidhar Jagdishan, following a legal review.
Who's involved
What this event is mainly aboutHow it developed
Newest first. Tap a step to see who reported it.- HDFC Bank is seeking executive search services, involving firms like Egon Zehnder and Korn Ferry, while RBI regulations limit director tenure.Sub-event
- The Reserve Bank of India requires approval for the appointment of Sashidhar Jagdishan as the new CEO of HDFC Bank, succeeding Aditya Puri.Sub-event
- Sashidhar Jagdishan is retiring from the bank's services while the board manages the succession planning.Sub-event
- Sashidhar Jagdishan became the MD and CEO of HDFC Bank on July 1, 2026.Sub-event
RBI assesses bank suitability and leadership transition following governance issues.1 source
Keep exploring
The entities involved
-
bank
financial institution that accepts deposits
-
Reserve Bank of India
central bank of India
- The Supreme Court directed the RBI on fraud rules and struck down a Karnataka law, while Cyclone Arnab affected Odisha and Andhra Pradesh, and Omar Abdullah expanded his cabinet in Kashmir.
- PM Modi and Finance Minister welcomed latest GDP figures as RBI revised forecasts on India's economic performance.
-
Sashidhar Jagdishan
CEO of HDFC Bank
Nothing else this week.
Related events
- RBI takes control of Yes Bank, SMBC buys stake in Mumbai bank, and Supreme Court quashes AT-1 bond write-off.
- Supreme Court upheld a Bombay High Court decision involving the Reserve Bank of India and a bank.
- RBI enforces banking regulations on Equitas Small Finance Bank, which is under investigation regarding its relationship with Unico Housing Finance. Vasudevan serves as the bank's MD & CEO.
- A court examined compliance with RBI circular and ruled on a bond write-off for a bank, while also seeking cabinet records.
- RBI provides approval for key appointments at HDFC Bank, which remains India's largest private-sector lender, amid market scrutiny.