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HDFC Bank likely to reappoint Sashidhar Jagdishan as CEO for third term

HDFC Bank's board is poised to reappoint Sashidhar Jagdishan as MD & CEO for a third term following external legal reviews clearing the bank of concerns raised by a former chairman. While the board and Macquarie Capital support Jagdishan, the RBI's approval remains crucial, with analysts noting the regulator may consider broader factors. The bank's elevated loan-to-deposit ratio, a post-merger challenge, is also a point of consideration.

Raccontata dathehindubusinessline.comeconomictimes.indiatimes.comtimesofindia.indiatimes.com

Confronto fonti

3 prospettive sulla stessa storia
AI · summaries
economictimes.indiatimes.comStai leggendo1 g fa

HDFC Bank likely to reappoint Sashidhar Jagdishan as CEO for third term

HDFC Bank initiated Jagdishan's reappointment as MD/CEO for a third term after law firms cleared former chairman Chakraborty's allegations. RBI approval is critical; the elevated loan-to-deposit ratio from the 2023 HDFC merger is the structural challenge defining this leadership cycle.

originale
thehindubusinessline.com2 g fa

HDFC Bank chief reappointment: Legal review bolsters case, but RBI unlikely to be swayed

HDFC's legal review cleared CEO Jagdishan of ex-Chairman allegations; board seeks RBI approval for third-term reappointment ending October 2026. RBI governance criteria extend beyond audits—conflicts in bank-commissioned reviews rarely sway regulator verdicts on reappointment.

Leggi questa versione → originale
timesofindia.indiatimes.com23 h fa

In clean-up drive, ex-CEC Rajiv Kumar named HDFC chairman

MUMBAI: The HDFC Bank board has appointed former chief election commissioner and ex–finance secretary Rajiv Kumar as chairman of the bank, subject to RBI approval. Starting June 30, the board has proposed a four-year…

Leggi questa versione → originale

Timeline cronologica

  1. domenica 28 giugno 2026·thehindubusinessline.com

    HDFC Bank chief reappointment: Legal review bolsters case, but RBI unlikely to be swayed

    HDFC Bank board may back Jagdishan’s third term, but experts say internal probe can’t replace RBI’s ‘fit and proper’ test

  2. lunedì 29 giugno 2026·economictimes.indiatimes.com

    HDFC Bank likely to reappoint Sashidhar Jagdishan as CEO for third term

    HDFC Bank's board is poised to reappoint Sashidhar Jagdishan as MD & CEO for a third term following external legal reviews clearing the bank of concerns raised by a former…

  3. lunedì 29 giugno 2026·timesofindia.indiatimes.com

    In clean-up drive, ex-CEC Rajiv Kumar named HDFC chairman

    MUMBAI: The HDFC Bank board has appointed former chief election commissioner and ex–finance secretary Rajiv Kumar as chairman of the bank, subject to RBI approval. Starting June…

  4. martedì 30 giugno 2026·economictimes.indiatimes.com

    HDFC Bank shares in focus as lender appoints ex-finance secretary Rajiv Kumar as part-time chairman

    HDFC Bank has appointed former IAS officer and ex-Chief Election Commissioner Rajiv Kumar as its Part-time Chairman, following Atanu Chakraborty's abrupt resignation over ethical…