Why HDFC Bank Is Cracking: Ethics Issues Push Stock to 52-Week Low

The slide wasn’t sudden in

Stock prices—it was building. Weak Q3 signals, slower deposit growth, and a stretched credit-deposit ratio had already made investors uneasy. But March 18, 2026 changed everything. Chairman Atanu Chakraborty’s abrupt resignation, citing ethical misalignment, shook confidence and erased nearly 14% market value (After his resign). Behind the scenes, the Dubai branch controversy deepened cracks. Allegations of mis-selling high-risk AT-1 bonds as safe deposits, regulatory lapses spanning years, and internal probes painted a troubling picture. Even global audits flagged compliance failures. As leadership questions met governance concerns, the stock slipped to ₹726.65—its lowest since May 2024—marking a phase where trust, not numbers, drove the decline. 📌 Disclaimer: This content is for information only and not investment advice. Investments in securities market are subject to market risks. Read all the related documents carefully before investing. Please consult a SEBI-registered advisor before making any investment decisions.