HDFC appoints external law firms to review ex-chair Chakraborty's resignation letter

AI Briefing

• – HDFC Bank has appointed external law firms to review the resignation letter of its former chairman Uday Kotak's successor, Sashidhar Jagdishan, to the board of directors.
• – The bank's board of directors has approved the appointment of law firms Cyril Amarchand Mangaldas and LK Advani & Co to review the letter.
• – The review is aimed at ensuring the process is fair and transparent.