RBI approves Anup Bagchi as HDFC Bank MD & CEO, succeeding Sashidhar Jagdishan on October 26

The Reserve Bank of India has approved Anup Bagchi as HDFC Bank's next managing director and chief executive, succeeding Sashidhar Jagdishan on October 26. HDFC Bank shares rose about 2% on the approval, with brokerages saying it removes a leadership overhang and shifts focus to deposit growth, margins and execution.

Detected & updated continuously · Source: Nebula