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Banking

HDFC Bank faces leadership vacuum after top resignations

HDFC Bank is confronting questions about governance after its chair and chief executive resigned within fewer than six months, according to the Financial Times. The RSS blurb described the lender as one of India's largest banks but did not name the departing leaders, explain their reasons or describe the board's succession timetable.

Why it matters

Rapid turnover at the top could unsettle confidence in governance at a systemically important Indian lender.

Sources

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