HDFC Bank Limited Sponsored ADR (NSE:HDFCBANK) faces leadership shifts after former chairman Atanu Chakraborty resigned over value clashes and alleged misselling, while the bank extends Chief Credit Officer Jimmy Tata’s term, rolls out two Savings Max accounts, and draws mixed analyst moves amid slowing loan-growth forecasts.

Previous Week Recap

• Atanu Chakraborty Resigns Over Misalignment: HDFC Bank ADR (HDFCBANK): Former chairman Atanu Chakraborty resigned March 17, citing value misalignment and disagreements with management over alleged misselling of Credit Suisse perpetual bonds. Mint
• Tata Tenure Extended Through 2026: HDFC Bank ADR (HDFCBANK) extended Chief Credit Officer Jimmy Tata’s tenure two years to cover board nomination/renumeration review before CEO term ends Oct 26, 2026; Tata joined bank in 1994. CNBC TV18
• Nomura Keeps Buy On Growth Slower: HDFC Bank ADR (HDFCBANK): Nomura keeps Buy, expects loan growth to slow to ~15% YoY by FY27, with momentum into H1 FY27 supported by strong demand and FCNR deposits. Moneycontrol
• Jefferies Drops HDFCBANK From Portfolio: Jefferies removed HDFC Bank Limited Sponsored ADR (HDFCBANK) from its India long-only portfolio during a revamp, replacing the position with MCX and Lenskart Solutions. Reuters
• HDFCBANK Launches Savings Max Accounts: HDFCBANK launched two Savings Max accounts—Max for Seniors and Max for Her—offering enhanced cyber protection, Auto Sweep to boost idle balances, and bundled lifestyle perks. Mint