A single cryptic resignation at HDFC Bank wiped out over ₹1 lakh crore in market value—raising serious questions about governance, disclosure, and market sensitivity.

In this audio, Sucheta Dalal breaks down why the abrupt exit of chairman Atanu Chakraborty triggered panic, how unclear communication can destabilise even India’s strongest banks, and what this episode reveals about deeper systemic risks.

From parallels with past banking shocks like IL&FS and RBL Bank, to the growing danger of digital-era bank runs, this is a critical look at why trust—not just capital—is the backbone of banking.

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