• Board resignation reaction: MD and CEO Sashidhar Jagdishan stated that Atanu Chakraborty's resignation came as a major surprise to the board, noting that Chakraborty had not raised specific concerns during board interactions.
• Nature of disagreement: Management emphasized that Chakraborty clarified publicly that his resignation was routine and based on ideological differences rather than any institutional wrongdoing.
• Governance and compliance: Jagdishan reaffirmed the bank's strong governance practices and regulatory oversight, noting that operational issues and compliance omissions are resolved in a real-time manner.
• Integrity stance: Leadership reiterated that integrity remains a core, non-negotiable pillar across the organization, expressing full confidence in the management and board value systems despite market perception concerns.