Mint Quick Edit | HDFC Bank chair’s abrupt exit: Three facts could reassure its stakeholders
The bank’s investors, customers, employees, et al, may find reassurance in three facts. One, that a professional of Mistry’s stature swiftly filled the vacancy. Two, the Reserve Bank of India announced that there were “no material concerns” on the bank’s “conduct or governance” and that its finances are sound. And three, a vague reference to value congruence is not an allegation of wrongdoing.
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