HDFC Bank Share Price Live Updates: RBI sees no governance issues; stock out of Macquarie marquee list

2 hours ago

HomeMarket NewsHDFC Bank Share Price Live Updates: RBI sees no governance issues; stock out of Macquarie marquee list

HDFC Bank share price LIVE Updates: Shares of HDFC Bank Ltd., a heavyweight in both the Nifty 50 and Nifty Bank indices, opened as much as 9% lower on Thursday, March 19, following a change in leadership. However, the stock erased some losses following the management's conference call and are now trading 4% lower. Follow CNBC-TV18's live blog for the latest updates.

HDFC Bank share price LIVE Updates: Shares of HDFC Bank Ltd., a heavyweight in both the Nifty 50 and Nifty Bank indices, opened as much as 9% lower on Thursday, March 19, following a change in leadership. However, the stock erased some losses following the management conference call and are now trading 4% lower. Part-time Chairman and independent director Atanu Chakraborty has stepped down, while former HDFC Ltd. Chief Executive Officer Keki Mistry has been appointed as interim part-time Chairman, subject to approval from the Reserve Bank of India.

The bank's American Depositary Receipts (ADRs) have also declined over 7%. Follow CNBC-TV18's live blog for the latest updates.

Read Full Article at Source