Financial Management & Risk

Interim chairman Keki Mistry says external review found former chair’s concerns were not supported by records and interviews

State investors are cutting exposure to crowded equity markets and moving deeper into private credit, infrastructure and data centers to capture the AI build-out.

The abrupt exit of HDFC Bank’s chairman, coupled with unusually sharp language in his resignation letter, has exposed a disconnect between board-level assurances and market expectations for transparency at a systemically important financial institution.

The central bank is examining AI-led surveillance across ATMs and branches, as banks weigh gains in fraud detection against privacy and operational challenges.

Acquisition adds RBI-licensed cross-border aggregation and in-store acquiring, expanding BillDesk’s footprint across online and offline merchant payments.