HDFC Bank’s stock was hit by the sudden resignation of its chairman, who cited a divergence of values and ethics. Yet, there’s much that its stakeholders could draw comfort from, including an RBI statement on its governance and finances.
The banks investors, customers, employees, et al, may find reassurance in three facts. One, that a professional of Mistrys stature swiftly filled the vacancy. Two, the Reserve Bank of India announced… [+189 chars]
