HDFC Bank shares fall 5% as part-time chair of India’s largest private bank resigns over ‘ethics’
The merger between HDFC Bank and HDFC now makes the entity the world’s fourth largest bank. Nurphoto | Nurphoto | Getty Images Shares of India’s HDFC Bank slid 5% Thursday after Atanu Chakraborty, its part‑time chairman, resigned after flagging governance and ethical concerns within the institution. During an investor call on Thursday, interim part‑time chairman,…