HDFC Bank Chairman Quits Citing 'Ethical' Concerns, Shares Fall Over 4%HDFC Bank Chairman Quits Citing 'Ethical' Concerns, Shares Fall Over 4%

Introduction

Leading private sector bank in India, with a strong presence in retail and corporate banking, has appointed an interim chairman following the previous chairman’s resignation.

Also Read: Hexaware Technologies launches 600+ AI agent platform to boost enterprise operations, here’s how it works

Share price movement of HDFC Bank

On March 19, 2026, HDFC Bank Ltd opened at ₹776.00, down 7.94% from its previous close of ₹842.95. The stock reached a high of ₹815.60 (-3.24%) and a low of ₹772.00. By 4:00 PM, it traded at ₹802.89, a 4.75% decrease, with a market cap of ₹12,52,291.71 crore.

Chairman Resigns, Interim Appointed

HDFC Bank announced that Part-time Chairman Atanu Chakraborty resigned on March 18, 2026, with immediate effect, citing reasons mentioned in his resignation letter.

The Reserve Bank of India approved the appointment of Keki Mistry as interim Part-time Chairman for three months, effective March 19, 2026.

Stock performance of HDFC Bank  for period of 1 week, 6 months, and 1 year

HDFC Bank Ltd delivered a 1-week return of 1.24%, a 6-month return of -12.8%, and a 1-year return of -3.33%.

Also Read: Lotus Eye Hospital decides against voluntary delisting; shares to remain on NSE and BSE

Shareholding pattern of HDFC Bank

Particulars	Dec 2025	Sep 2025	Jun 2025
Promoter	0.00%	0.00%	0.00%
FII	47.70%	48.40%	48.60%
DII	37.20%	36.30%	36.00%
Public	15.10%	15.30%	15.30%

About HDFC Bank

HDFC Bank Ltd (NSE: HDFCBANK) is India’s largest private sector bank by assets, offering banking and financial services, and ranks among the world’s largest banks by market capitalization

Stay Ahead with the Latest Stock Market Updates – Click Here

Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.

FAQs