RBI cleared Bagchi's name as HDFC CEO on board's recommendation: Chakraborty

Former HDFC Bank Chairman Atanu Chakraborty reacted to the appointment of Anup Bagchi as the bank's Managing Director and CEO. "I understand that RBI has cleared Anup Bagchi’s name...upon the recommendation of the board. My best wishes to him in this assignment," Chakraborty said. Notably, Chakraborty had quit abruptly on March 18, citing ethical concerns.