HDFC Bank shares fall 4% after chairman's sudden resignation

HDFC Bank's shares fell approximately 4% on Thursday following the unexpected resignation of part-time chairman Atanu Chakraborty. His immediate departure, attributed to 'values and ethics', raised investor concerns, leading to a decline in the stock price to around ₹800. In response, the bank appointed Keki Mistry as interim chairman and aimed to reassure stakeholders regarding stability.

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