Keki Mistry Appointed Interim Chairman of HDFC Bank Following Atanu Chakraborty's Exit
Mistry replaces Atanu Chakraborty, who resigned from the position citing 'ethical concerns' and a mismatch with his personal values regarding certain bank practices.
Keki Mistry currently serves as a Non-Executive Director at HDFC Bank and is the Chairman of HDFC Life Insurance Company.
The outgoing Chairman, Atanu Chakraborty, had joined the board in 2021 and was instrumental during the massive $40 billion HDFC Bank–HDFC Ltd merger.
Exam Perspective: Resignations of top officials in major private banks due to governance or ethical reasons are critical indicators of the financial sector's health.
Key Facts / Static GK
HDFC Bank HQ: Mumbai
HDFC Bank Tagline: 'We understand your world'
Q Practice Quiz — 20 March 2026
1. What does the name of the joint military exercise 'LAMITIYE' mean in the Creole language?
Explanation: The term 'LAMITIYE' means 'Friendship' in the Creole language, reflecting the cooperation between India and Seychelles.
2. In the VRR auction conducted by RBI on 20th March 2026, what was the total amount actually injected into the banking system?
Explanation: According to the news report, while the RBI offered ₹1.50 lakh crore, the actual liquidity injection via the VRR auction was ₹48,014 crore due to lower uptake by banks.
3. Regarding the expansion of UPI in Sri Lanka, which of the following statements is true?
Explanation: Indian users can make real-time payments in Sri Lanka by scanning Lanka QR codes using their preferred UPI-enabled mobile applications.
4. Which company has launched the world's first Autonomous Maritime Shipbuilding Centre in Nellore?
Explanation: Sagar Defence Engineering Pvt Ltd has launched this center, which is the first of its kind globally, in Nellore, Andhra Pradesh.
5. In the newly launched hybrid passive index fund by Edelweiss AMC, what is the allocated ratio between Equity and Debt components?
Explanation: The fund, as indicated in its name and strategy, maintains a fixed asset allocation of 70% in Equity and 30% in Debt (Government Securities).
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