Banking stocks led the decline, with HDFC Bank emerging as a key drag on the indices. The stock fell over 5% to around Rs 800 after part-time chairman Atanu Chakraborty resigned. Surging crude prices and a hawkish Federal Reserve stance also unsettled the investors.

Sensex tanks 2,500 pts, Nifty ends down 3.3% at 23,000; Rs 12 lakh crore wiped off

After retiring from the civil services, Atanu Chakraborty transitioned into the corporate sector, leveraging his policy expertise and regulatory experience in board-level roles. He joined the HDFC Bank board as an independent director in May 2021 and later served as part-time chairman.

Who is Atanu Chakraborty? HDFC Bank chairman steps down citing 'ethical concerns'

A viral audio of a conversation between a Mumbai-based loan recovery agent and a soldier over the recovery of a loan, it heated up, and she abused him, calling him illiterate

'You're illiterate that's why you're in army' - Mumbai banker abuses a soldier

Business & Economy: Changes in ATM charges can lead to increased monthly expenses, and impacts one's overall budget management. Read more for more details.

ATM withdrawal just got costlier: What changes from May 1 and how it affects you

HDFC Bank sells $717 million of home loans to bring down credit book

India's $433 billion banking sector faces a gloomy outlook following an unusual sell-off in HDFC Bank Ltd., the country's largest private sector lender. The top 12 largest banks in India are on track for their worst week since September, witnessing a collective market value loss of nearly $21 billion.

India's banking benchmark index starts 2024 in red

India: Email bomb threat sent to RBI, HDFC, ICICI banks in Mumbai, demands FM’s resignation

HDFC Bank's Mega Merger: Creating a financial powerhouse worth $273.77 billion

The great $64 billion HDFC merger leaves financial advisers with little to celebrate

The merger between Housing Development Finance Corporation (HDFC) and HTFC Bank Limited in India is valued at $64 billion. Financial advisors involved in the merger are receiving low compensation, with approximately 18 advisors sharing a fee pool of just over $1 million.

Low compensation for advisors in $64 Billion HDFC bank merger raises concerns

India's HDFC to be among world's most valuable banks after mega merger

A bank executive bashed and cursed his colleagues on a video call meeting. This was a blatant display of a toxic work environment. Have you been a part of a toxic work culture? Molly Gambhir tells you more.

Gravitas: HDFC Bank executive humiliates colleagues

HDFC employee suspended for abusing colleagues in online meeting after video goes viral

HDFC Bank India's largest private lender, reported a 18.5% jump in net profit for the October-December quarter. This has been aided by higher top-line and healthy loan growth. Watch further to know more.

World Business Watch: HDFC Bank's net profit jumps by 18.5%

Indian cement maker used yuan to purchase Russian coal: Report

In India's largest-ever M&A, HDFC to merge with HDFC Bank

Now, People’s Bank of China eyes another Indian bank

Sebi seeks details of Chinese investments in India

China's central bank  buys 1.75 crore shares in HDFC, raises stake to over 1%

HDFC Bank third-quarter net up 33 per cent on loan growth, beats estimates

Moody's takes rating action on 12 Indian FIs, 8 corporates, 8 sovereign-linked infra firms

Sensex, Nifty close lowest since mid-May, financials hurt most

Nifty, Sensex close lower as HDFC Bank drags

Forbes ‘Global 2000’: Reliance Industries dominates India list; banks shine

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