
Management ChangeJul 16, 2026, 06:07 AM
HDFC Bank Appoints Rajiv Kumar as Part-time Chairman for 3 Years
AI Summary
HDFC Bank Limited announced that the Reserve Bank of India (RBI) has approved the appointment of Mr. Rajiv Kumar as the Part-time Chairman of the Bank. This appointment is effective from July 15, 2026, for a period of three years. The Bank also acknowledged the valuable guidance and contributions of Mr. Keki Mistry during his tenure as the Interim Part-time Chairman, noting that he will continue as a Non-Executive Non-Independent Director.
Key Highlights
- RBI approved the appointment of Mr. Rajiv Kumar as Part-time Chairman.
- Mr. Rajiv Kumar's appointment is for a period of 3 years.
- The appointment is effective from July 15, 2026.
- Mr. Keki Mistry's contributions as Interim Part-time Chairman were acknowledged.
- Mr. Mistry continues as a Non-Executive Non-Independent Director of the Bank.
Price Impact
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