HDFC Bank exit ignites fresh scrutiny as board failures bring down corporates and nonprofits

Oversight lapses cost more than money—trust, jobs and missions

HDFC Bank’s exit story has turned into a wider governance alarm. The article argues that weak, poorly selected boards—whether in corporates or nonprofits—fail at oversight, enabling scandals and even organizational collapse. It highlights a recurring gap in the social sector, where many boards lack regulatory know-how and active engagement. Better training and tougher selection are urged to prevent repeat failures.