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HDFC Bank's chairman resigned over ethical differences, sparking market turmoil. The rift reportedly stemmed from disagreements on accountability for client losses tied to Credit Suisse bonds and Dubai branch restrictions.

com HDFC Bank shares fell after chairman Atanu Chakraborty’s sudden exit, wiping out significant market value. Shares of HDFC Bank fell as much as 8% before recovering a bit, following the sudden resignation of chairman Atanu Chakraborty. The stock has lost about Rs 1 lakh crore in today's trade.