HDFC Bank’s shares take steepest single-day fall in 21 months

HDFC Bank shares saw a significant drop of over 5 percent. This decline followed the resignation of non-executive chairman Atanu Chakraborty. His departure cited practices not in line with his personal values. Analysts suggest this, along with CEO Sashidhar Jagdishan’s term renewal uncertainty, may pressure the stock. The bank’s market value decreased by ₹69,026 crore.