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HDFC Bank's CEO backs interim chairman Keki Mistry after former chairman resigned amid a Dubai bond dispute.
HDFC Bank's CEO supports continuing interim chairman Keki Mistry beyond his initial term following the resignation of former chairman Atanu Chakraborty.
While an external review of the resignation is underway, the bank reported strong Q4 profits with an 8% year-on-year increase.
Management addressed Dubai bond concerns, stating retail investors were not sold the disputed AT1 bonds, and noted the nomination committee will decide on the CEO's reappointment next year.
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El CEO de HDFC Bank respalda al presidente interino Keki Mistry después de que el ex presidente renunció en medio de una disputa de bonos de Dubai.