HDFC Bank's board approved deputy managing director Kaizad Bharucha's departure effective Dec 31 2026 and reappointed former RBI executive Lily Vadera as an independent director for a three‑year term.
Posts tagged as “HDFC Bank”
Indian equities opened higher on Sept. 15, with the NIFTY50 up over 40 points as investors eyed HDFC Bank’s succession plan, Tata Group’s listing setback and several corporate updates.
HDFC Bank chief executive Sashidhar Jagdishan said he will not seek reappointment and will retire on Oct. 26, 2026, as the board moves to appoint a successor amid recent regulatory scrutiny.
HDFC Bank is weighing an appeal against the NCLT's decision that obliges Essel Group founder Subhash Chandra to pay ₹6.25 crore as a personal guarantor, despite the plan being approved by a majority of creditors.