Incoming HDFC Bank CEO Anup Bagchi’s immediate task is to restore investor confidence by improving execution and governance, as the bank’s loan growth and return on equity have fallen towards industry averages.
Incoming HDFC Bank CEO Anup Bagchi’s immediate task is to restore investor confidence by improving execution and governance, as the bank’s loan growth and return on equity have fallen towards industry averages.
Bagchi's last working day at ICICI Prudential Life will be October 13; he is expected to be introduced to HDFC Bank investors when it announces Q2 results
ICICI Life Insurance appoints Sidharatha Mishra as MD & CEO (IC) for five years, succeeding Anup Bagchi who resigns for HDFC Bank.
Stocks to watch today: IT services major HCLTech said it had collaborated with chemicals and biotechnology company Wacker Chemie to set up its global capability centre (GCC) in Pune.
HDFC Bank and LIC Housing Finance will challenge the NCLT ruling on the Zee Group debt settlement. The approved plan includes a small payment from Subhash Chandra as guarantor. Several lenders had opposed this repayment plan, which was approved by the major…
Jefferies' Christopher Wood is reshuffling his India long-only model portfolio, dropping HDFC Bank and PB Fintech's PolicyBazaar in favor of Multi Commodity Exchange of India (MCX) and eyewear retailer Lenskart Solutions. The move, detailed in his GREED & fea…

HDFC Bank, Axis Bank, and ICICI Bank outpace 12 PSBs in minimum balance penalty collections, revealing significant disparities in banking practices.
Private banks collected over Rs 4,900 crore from account holders for minimum balance failures. Public sector banks also gathered Rs 2,100 crore during the same financial year. HDFC and Axis Banks led private sector collections for these account charges. No pe…

HDFC Bank, Axis Bank, and ICICI Bank outpace 12 PSBs in minimum balance penalty collections, revealing significant disparities in banking practices.
HDFC Bank's revised MCLR now ranges from 8.05% to 8.70%, affecting borrowers linked to the one-year or three-year rates. While the overnight rate decreased slightly, other tenures remain unchanged. Details here.

Rajiv Kumar, who is a former chief election commissioner and financial services secretary, will succeed interim chairman Keki Mistry.
India's future prosperity hinges on robust governance across public and private sectors, emphasized HDFC Bank Chairman Deepak Parekh. He highlighted that ongoing reforms are building a strong foundation for growth, with a call for further banking sector conso…
Kumar, who retired as Finance Secretary in February 2020 and later also served as the 25th Chief Election Commissioner of India, is appointed as an Additional Director with effect from June 30, 2026 for 4 years
HDFC Bank has appointed former IAS officer and ex-Chief Election Commissioner Rajiv Kumar as its Part-time (Non-Executive) Chairman. The bank's board approved his appointment as an Additional (Independent) Director for four years, effective June 30, 2026. Kum…

Sensex, Nifty, Share Prices Highlights: The benchmark BSE Sensex was down 0.78% to 76,802.90, while the broader NSE Nifty 50 index declined 0.64% to 24,013.1, snapping a five-day rally on Accenture-led IT weakness, while HDFC Bank fell after the central …



Mistry's extension comes amid HDFC Bank’s board meeting on Thursday to review the findings of law firms appointed to examine concerns raised by former chairman Atanu Chakraborty in his resignation letter dated 17 March.
The Reserve Bank of India has granted a three-month extension for Keki Mistry as interim Part-time Chairman of HDFC Bank. This allows the bank more time to appoint a regular chairman. The decision follows a legal inquiry into former chairman Atanu Chakraborty…
HDFC Bank announced a three-month extension for Keki Mistry as interim part-time chairman. The Reserve Bank of India approved this extension until September 18, 2026. This decision comes after the previous chairman's resignation. Mistry continues in his role,…
HDFC Bank announced a three-month extension for Keki Mistry as interim part-time chairman. The Reserve Bank of India approved this extension until September 18, 2026. This decision comes after the previous chairman's resignation. Mistry continues in his role,…
Under SEBI's T+1 settlement cycle, investors must purchase a company's shares at least one trading day before the record date to ensure the shares are credited to their demat accounts in time, and they become eligible for the corporate action. Accordingly, to…
HDFC Bank raised $750 million through five-year dollar bonds at 90 basis points over US Treasuries to fund its overseas operations.
Gurugram's TrueFan AI secured $10 million, valuing it at $40 million, to fuel its AI-generated video platform. Serving over 100 enterprises like HDFC Bank and Zomato, the startup creates personalized videos at scale using celebrity and business leader avatar…

A bank with nearly 12 crore account holders and assets approaching Rs 40 lakh crore is no ordinary entity. It sits at the centre of India’s financial architecture



Bank FDs offer senior citizens a secure investment option for managing expenses like medical and living costs. Here is a comparison of fixed deposits from various public, private and small finance lenders…