HDFC Bank Bonds Plummet Following Unexpected CEO Departure

Newly issued dollar-denominated debt from India's largest lender hit record lows as investors reacted negatively to Chief Executive Sashidhar Jagdishan's sudden resignation.

1 Sept, 07:19 — 1 Sept, 07:19

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bloombergHigh1d ago

HDFC Bank’s Bonds Fall to Record Low After CEO’s Shock Exit

Newly issued dollar bonds by HDFC Bank Ltd., India’s most valuable lender, slid to record lows on Tuesday as Chief Executive Officer Sashidhar Jagdishan’s unexpected decision to step down continued to weigh on investor sentiment.

By Divya Patil

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HDFC Bank Bonds Plummet Following Unexpected CEO Departure

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HDFC Bank’s Bonds Fall to Record Low After CEO’s Shock Exit

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