
Atanu Chakraborty
IAS
370days after leaving Secretary, Department of Economic Affairs, Ministry of Finance. Then HDFC Bank Ltd.
The cooling-off rule
Retirement 2020-04-30 to first listed directorship 2021-05-05
The rule: DoPT Office Memorandum of 5 Dec 2006 (as described by The Indian Express): a one-year cooling-off period after retirement before joining private company boards, which can be shortened with separate government approval. For All India Services, rule 26 of the AIS (DCRB) Rules, 1958 (see research/deals/moves.json for the DoPT FAQ source).
Before and after
Documented
Secretary, Department of Economic Affairs, Ministry of Finance
370 days after leaving.
Documented
HDFC Bank Ltd
Part-time chairman
Atanu Chakraborty: Retired as Secretary, Department of Economic Affairs, Ministry of Finance, on April 30, 2020. Joined the board of HDFC Bank as chairman on May 5, 2021
What the office had to do with the company
IE notes the RBI approved the appointment before the cooling-off period ended. The Indian Express (2021) reported the timing against the cooling-off rule; it did not report a specific decision involving the company. Not yet checked for in-office dealings.
What was said
- Response: Atanu Chakraborty
- Chakraborty did not respond to an email from The Indian Express seeking comment (IE).
Sources
Dates and filings placed side by side; being listed is not a finding of wrongdoing. Sources were opened on Oct 2026. Most of this page rests on a single report and is being checked against filings.
Photo: Press Information Bureau / Ministry of Finance, Government of India, GODL-India