Would like Deepak Parekh to continue as a key advisor to the group: Atanu Chakraborty

Both the bank and HDFC Ltd have very high foreign shareholding. So, some shake-up from FIIs was expected. Some of the active funds were rebalancing their portfolios and moving toward bonds. But they were not buying because we were not in the index. Add to that the murmurs of regulatory roadblocks. Over the next few days since the announcement, we have explained to each and every institutional investor.

from Banking/Finance-Industry-Economic Times https://ift.tt/UVgidkN