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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 da

economictimes.indiatimes.com

timesofindia.indiatimes.com

thehindubusinessline.com

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3 prospettive sulla stessa storia

AI · summaries

thehindubusinessline.com1 mese 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.

Leggi questa versione → originale

timesofindia.indiatimes.com

Timeline cronologica

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…
lunedì 29 giugno 2026·economictimes.indiatimes.com
Axis Bank CFO Puneet Sharma resigns to pursue new opportunities

1 mese 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…

Leggi questa versione → originale

economictimes.indiatimes.com1 mese 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.

Leggi questa versione → originale

Axis Bank's Chief Financial Officer, Puneet Sharma, has resigned to pursue new professional opportunities. Sharma, who has been with the bank since March 2020, will step down on…

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…

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…

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.

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…

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…

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