A turbulent year at HDFC Bank: Controversies that kept India’s biggest private lender in the headlines

HDFC Bank has faced a turbulent year marked by governance concerns, its former chairman’s abrupt exit, scrutiny of Dubai operations, post-merger profitability challenges and CEO Sashidhar Jagdishan’s departure. A fresh probe into alleged leaks of confidential information adds to the challenges awaiting incoming chief executive Anup Bagchi as the bank seeks to restore investor confidence.