HDFC Bank Shares In Focus: HSBC Cuts Target Price, Says Atanu’s Exit An ‘Overhang’— Should You Buy, Sell, Or Hold?

Calling Chakraborty’s exit a matter of difference of opinion, HSBC, in its recent note, expressed confidence that there are no governance concerns or lapses in internal controls or risk management at HDFC Bank. The former chairman’s statement, however, is expected to remain an overhang for some time.