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Churn at private banks' finance function, 2 CFOs quit

A significant reshuffle is underway in the finance departments of major Indian banks. Axis Bank and Bandhan Bank have seen their Chief Financial Officers resign, sparking speculation about future leadership. This follows another high-profile departure from HDFC Bank. Industry insiders suggest a potential move for one CFO to HDFC Bank, while another might step into the Axis Bank role, creating an unusual churn ahead of financial results.

Raccontata daeconomictimes.indiatimes.comtimesofindia.indiatimes.comthehindubusinessline.com

Confronto fonti

3 prospettive sulla stessa storia
AI · summaries
thehindubusinessline.com14 h fa

Axis Bank and Bandhan Bank’s CFOs resign

Axis Bank and Bandhan Bank announce CFO resignations, with potential new roles at HDFC Bank and Axis Bank for the executives.

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timesofindia.indiatimes.com17 h fa

Who is Puneet Sharma, the Axis Bank CFO who has resigned?

Axis Bank on Monday announced that its chief financial officer, Puneet Sharma, has resigned. Sharma, who has led the bank's finance function since March 2020, stepped down on Sunday, June 28, and will remain with the…

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economictimes.indiatimes.com23 h fa

HDFC Bank overhang eases, Kotak CEO exit creates fresh uncertainty: What Pranav Gundlapalle is watching now

HDFC Bank awaits RBI approval for CEO reappointment—a governance signal that could unlock 10–15% upside; Kotak Mahindra Bank faces leadership transition with incoming CEO potentially redirecting strategy toward mass-market focus. For India's banking investors, RBI's decision is the nearest valuation catalyst; Kotak's transition delays strategy execution clarity until a successor is appointed.

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Timeline cronologica

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

    HDFC Bank overhang eases, Kotak CEO exit creates fresh uncertainty: What Pranav Gundlapalle is watching now

    India's private banking sector faces pivotal moments with two major players at different junctures. HDFC Bank awaits RBI's nod for its CEO, a crucial step for governance…

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

    Who is Puneet Sharma, the Axis Bank CFO who has resigned?

    Axis Bank on Monday announced that its chief financial officer, Puneet Sharma, has resigned. Sharma, who has led the bank's finance function since March 2020, stepped down on…

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

    Bandhan Bank CFO Rajeev Mantri resigns, to leave in September

    Bandhan Bank's Chief Financial Officer, Rajeev Mantri, has resigned, citing career growth as his reason for departure. Mantri, who also served as Executive President, submitted…

  4. lunedì 29 giugno 2026·thehindubusinessline.com

    Axis Bank and Bandhan Bank’s CFOs resign

    Axis Bank and Bandhan Bank announce CFO resignations, with potential new roles at HDFC Bank and Axis Bank for the executives.

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

    Churn at private banks' finance function, 2 CFOs quit

    A significant reshuffle is underway in the finance departments of major Indian banks. Axis Bank and Bandhan Bank have seen their Chief Financial Officers resign, sparking…

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

    Private banking sector flux: CFO departures and leadership uncertainty amid regulatory changes

    India's banking sector is experiencing significant leadership shifts, with multiple CFOs and senior executives departing private banks and even major institutions like LIC and…