HDFC Bank share price gained 3%, recovering from a sharp decline. The drop followed the resignation of former part-time Chairman Atanu Chakraborty. He cited ethical concerns for his departure. External law firms are now reviewing the situation. Keki Mistry has been appointed interim chairman. The bank confirmed the removal of some employees over alleged mis-selling of bonds.
Originally published by The Economic Times https://economictimes.indiatimes.com/markets