'My resignation is a larger governance and governance-plus kind of an issue, which the board of directors of the bank should be introspecting.'
'During the bank's board meeting, many directors asked him if there is a governance issue but he said there is none.'
Atanu Chakraborty has resigned as chairman of HDFC Bank, citing ethical concerns, marking an unusual departure and prompting the appointment of an interim chairman.
Former HDFC Bank chairman Atanu Chakraborty cites misselling of AT-1 bonds and underperformance as key reasons for his resignation, dismissing personal differences as a major factor.
Mayank Chakraborty, a 17-year-old from Assam, has become India's 94th Grandmaster in chess.
'When there is such an elaborate and a strong process, one would have expected anyone to either place the issues so that they can be addressed or go to the regulator and probably tell them rather than creating a kind of uncertainty for the stakeholders.
'I wasn't okay with my fate being decided by trolls and social media and the media.'
BJP leader Mithun Chakraborty has criticised the West Bengal government over high fuel taxes and alleged security lapses, particularly concerning women's safety and border control.
HDFC Bank reports a 12% credit growth for the March quarter, alongside the unexpected resignation of its chairman, Atanu Chakraborty, due to ethical concerns.
The Financial Times, citing multiple bankers and shareholders, reports that the real tensions ran far deeper than compliance concerns.
HDFC Bank has launched an independent review by external law firms following the abrupt resignation of Chairman Atanu Chakraborty, who cited 'ethical concerns and practices within the bank' as the reason for his departure.
The Reserve Bank of India (RBI) has issued a statement assuring the public of HDFC Bank's stability and sound financial position following the resignation of its chairman, Atanu Chakraborty, citing ethical concerns.
IIT Kharagpur Director Suman Chakraborty urged Calcutta University to become a key player in a globally networked knowledge ecosystem during the university's convocation. He emphasised the importance of knowledge sharing, curiosity, and leveraging science and technology to solve problems.
HDFC Bank is engaging external legal firms, both domestic and international, to investigate the circumstances surrounding former part-time chairman Atanu Chakraborty's resignation.
The controversy involves mis-selling Credit Suisse AT-I bonds to NRIs as fixed-maturity instruments, later written off after collapse.
HDFC Bank's leadership addresses the sudden resignation of its chairman, citing ethical concerns, and attempts to reassure stakeholders about the bank's governance and future stability.
'Being an important institution in the banking system, we are subject to regulatory supervision, both offsite and onsite.' 'When you look at the intensity at which these levels of supervision come, we, on the board and in management, believe there should not be any surprises.'
There were Test cricketers and actors at the Kritika-Gaurav wedding.
Governance uncertainty and leadership visibility gap are likely to keep the stock under pressure in the near term, said Nomura in a report.
Popular Bengali actor Rahul Arunoday Banerjee has died after drowning in the sea at Talsari beach in Odisha. The actor, known for his roles in Bengali films and television, was 43 years old.
There may have few guests at the wedding but Kritika Kamra and Gaurav Kapur threw open the doors for their reception, inviting a happy mix of film and cricket folk.
The Enforcement Directorate (ED) conducted searches at multiple locations in West Bengal as part of an investigation into the operations of an alleged illegal call centre.
Finance Minister Nirmala Sitharaman stated in the Lok Sabha that the Insolvency and Bankruptcy Code (IBC) has been a crucial factor in improving the health of India's banking sector, significantly aiding in the recovery of non-performing assets (NPAs).
Popular Bengali actor Rahul Arunodoy Banerjee tragically drowned during a television series shoot near Digha, prompting a police investigation.
The BJP has nominated the mother of a victim in the RG Kar case from Panihati constituency for the upcoming West Bengal elections, aiming to leverage public outrage over the incident. This move is part of a broader strategy to challenge the ruling TMC by highlighting issues of women's safety and governance.
Political parties in West Bengal react to the Election Commission's reshuffle of senior administrative and police officials ahead of upcoming elections, with TMC criticising the move and BJP and CPI(M) welcoming it.
Indian stock market indices Sensex and Nifty experienced a significant drop in early trade, reversing a three-day rally. The decline was triggered by a sharp increase in crude oil prices, weak global market trends, and continuous outflows of foreign funds.
Veteran Indian sports journalist S Thyagarajan, renowned for his hockey coverage, has died at the age of 85 after battling age-related ailments. He covered six Olympics and nine Asian Games during his career.
Over the past week in Bangladesh, two Hindu men were killed in separate incidents while four people, including a priest, sustained injuries after a crude bomb went off inside a temple in the country.
Rashmika Mandanna and Vijay Deverakonda hosted a grand wedding reception for the film fraternity on March 5 in Hyderabad.
The Indian Institute of Technology Kharagpur has announced the launch of a new school dedicated to digital learning, applied artificial intelligence, and machine learning, supported by a significant philanthropic commitment.
Of the donations, 48% is in kind -- such as food, clothing, or other household goods -- followed by cash (44%) and volunteering (30%) with non-profits, religious institutions, or community groups.
On February 17 in Mumbai, the Vogue Values: Women of Excellence event brought together some of the country's most influential women across arts, sports, entrepreneurship, philanthropy and culture.
Following attacks in West Asia, hundreds of Indians, including prominent personalities, are stranded in Dubai and other key hub airports due to flight disruptions, prompting appeals for government assistance.
'Today, my brother is married, and I've gained the most positive and compassionate person as my Vadina.'
A new study alleges that Muslim voters are disproportionately represented in Logical Discrepancy (LD) lists during Kolkata's voter roll revision, raising concerns about potential bias in the electoral process.
Tamannaah Bhatia launched her jewellery line over the weekend, and invited friends over for the store's opening ceremony.
The upcoming publication of West Bengal's electoral rolls is expected to intensify political tensions and debates ahead of the Assembly elections, reflecting concerns about voter inclusion and identity.
Sudip Kumar Gharami's brilliant 299 propelled Bengal to a commanding position against Andhra in their Ranji Trophy quarter-final match.
'One day, I was working in my office late in the evening when suddenly the peon comes and says Saif Ali Khan has come to meet you.' 'Saif told me, "I'm desperate. I've been thrown out by Sattee Shourie, I'm homeless and penniless. Can you do a film with me?"' 'I thought about it and saw him in the character which I was writing.' 'So I gave him a cheque of Rs 5,000 and said, "We'll work together".'
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