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.

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

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…