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.
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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.