Shares of HDFC Bank rose nearly 6% touching to Rs. 1.059.9, as in keeping with media reports, the Reserve Bank of India (RBI) has approved the call of Sashidhar Jagdishan for the put up of Chief Executive Officer of HDFC Bank.
Mr. Jagdishan is currently an Additional Director and Head of Finance, HR at HDFC Bank and has been with the financial institution since 1996. Jagdishan changed into the bank’s top choice amongst three shortlisted applicants (other two being Mr Kaizad Bharucha and Mr Sunil Garg) for submit of MD & CEO due to the retirement of Mr Aditya Puri in October 2020.
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