RBI Approves Appointment of Mr. Rajiv Kumar as Part-time Chairman of HDFC Bank Limited
HDFC Bank Limited announced significant changes regarding its senior leadership structure, confirming the appointment of Mr. Rajiv Kumar as a Part-time Chairman following approval by the Reserve Bank of India (RBI).The RBI communicated that it has approved the appointment of Mr. Rajiv Kumar, holding DIN 08049696, as the Part-time Chairman of HDFC Bank Limited. This appointment is made under Section 10B(1A)(i) of the Banking Regulation Act, 1949, and is effective from July 15, 2026, for a period of three years.
The bank also acknowledged Mr. Keki Mistry, expressing sincere gratitude for his valuable guidance and contributions during his tenure as the Interim Part-time Chairman of the Bank. HDFC Bank Limited confirmed that Mr. Mistry continues to serve as a Non-Executive Non-Independent Director of the organization.
HDFCBANK Stock Price Movement
Today, HDFC Bank Limited shares edged higher, settling at ₹815.45 after gaining 0.69%. The stock saw robust volume during the session, with approximately 21.49 million shares traded.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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