| This is the Weekend Edition of Bloomberg Opinion Today, a roundup of the most popular stories Bloomberg Opinion publishes each week based on web readership. New subscribers can sign up here; follow us on Bluesky, TikTok, Instagram, LinkedIn and Threads. India's largest private-sector lender, HDFC Bank Ltd., is scrambling to respond to investors' concerns that highlight the extent to which some of the country's most esteemed firms have lost precious cachet — and, occasionally, the market's faith. Chairman Atanu Chakraborty resigned March 18, citing "certain happenings and practices" at the bank that are "not in congruence with my personal Values and Ethics." He later told a TV interviewer that he didn't depart due to wrongdoing at the lender. HDFC Bank's senior management, its board of directors and India's central bank are all trying to reassure the markets. Still, some $17 billion of shareholder wealth evaporated in the three days following the non-executive chair's exit — suggesting that investors have their own concerns, ranging from the bank's managerial prowess as well as its handling of now-worthless bonds originally issued by Credit Suisse Group AG.
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