Economy, Banking and Finance · 19 March 2026
Reserve Bank of India (RBI) approves Keki Mistry as interim part-time Chairman of HDFC Bank for three months.
Exam-focused facts from the 19 March 2026 current affairs briefing.
Key facts
- HDFC Bank part-time Chairman and Independent Director Atanu Chakraborty resigned with immediate effect citing ethical concerns over certain practices within the bank.
- Reserve Bank of India (RBI) approved the appointment of Keki Mistry as interim part-time Chairman of HDFC Bank effective 19 March for three months.
- Keki Mistry was Vice-Chairman of HDFC Ltd before its merger with HDFC Bank.
- HDFC Bank is the second largest bank with a market capitalisation of Rs 12.97 lakh crore.
- Atanu Chakraborty joined HDFC Bank board in May 2021 and oversaw the merger of HDFC Ltd with HDFC Bank.
- Chakraborty is a retired IAS officer of Gujarat cadre and served as Secretary in Ministry of Finance (Department of Economic Affairs) during FY 2019-20.