The resignation of HDFC Bank's former chairman Atanu Chakraborty last week stemmed from a power struggle with chief executive Sashidhar Jagdishan, the Financial Times reported on Friday, citing sources. Chakraborty had opposed extending Jagdishan's tenure, but a majority of the board favoured it, the report said. Reuters could not immediately verify the report.

Source: The Telegraph March 27, 2026 13:55 UTC