HDFC Bank Shares Drop 5% Following Chairman Atanu Chakraborty's Unexpected Resignation

HDFC Bank shares down 7.5% in just 2 days after Atanu Chakraborty’s exit; what’s the outlook?

With the latest slide, the stock has fallen around 7.5 per cent over the past two trading sessions. The sustained pressure on ADRs points to ongoing investor unease after the sudden resignation of chairman Atanu Chakraborty.

By TOI BUSINESS DESK

Investors scramble to make sense of HDFC chairman Atanu Chakraborty's sudden exit

The unexpected resignation of HDFC Bank chairman Atanu Chakraborty has left investors bewildered, triggering a 5% drop in shares.