All is well: HDFC CEO to shareholders worried about drop in stock price

HDFC CEO Keki Mistry in a message to shareholders worried about the recent drop in the company's stock price said, "All is well." Shares of HDFC and HDFC Bank plunged 18% each after the companies announced their merger earlier this month. Mistry said the fall in stock prices was due to lack of communication on the benefits of the merger.