MUMBAI: HDFC Bank informed stock exchanges that its chief human resource officer Vinay Razdan has resigned, effective June 18. However, the bank did not disclose any reason, which is mandated by Sebi norms. Razdan joined the bank in 2018 and was CHRO at Idea earlier. In his June 2 resignation letter, Razdan said that he was serving 3 months notice and will proceed on ‘gardening leave’ during notice period unless communicated otherwise by the bank. Gardening leave refers to an absence where an employee is needed not to report to the workplace during notice period.
