HDFC Bank: RBI Approves Rajiv Kumar as Part-time Chairman for 3 Years

HDFC Bank Ltd has received approval from the Reserve Bank of India (RBI) for the appointment of Mr. Rajiv Kumar as the Part-time Chairman of the Bank. This appointment is effective from July 15, 2026, and will be for a tenure of three years. The approval was granted by the RBI following an application made by the bank. HDFC Bank expressed gratitude to Mr. Keki Mistry for his service as the Interim Part-time Chairman, noting that he will continue as a Non-Executive Non-Independent Director.