The Reserve Bank of India approved the appointment of Sashidhar Jagdishan as Managing Director & CEO of HDFC Bank. The appointment is for a period of 3 years beginning October 27, 2020 and is subject to approval of the Bank’s board and shareholders, HDFC Bank said in its press statement. Aditya Puri, the current Managing…
Private lender HDFC Bank recently announced that its board had finalized three candidates to replace the outgoing Managing Director Aditya Puri. Aditya is set to retire in the month of October this year. According to a stock exchange filing, the company said, “We wish to inform that pursuant to the recommendations of the search committee…
Credit Information Bureau, TransUnion CIBIL Limited, recently announced the appointment of its new Managing Director and Chief Executive Officer. Rajesh Kumar, who was earlier working with HDFC Bank as Group Head for Retail Credit and Risk, will now be joining the credit bureau as its new MD and CEO. Kumar will succeed Satish Pillai, who…
In a bid to strengthen its commitment towards the Indian startup ecosystem, HDFC has announced its aim to invest ₹100crore every year in technology startups. HDFC Chairman Deepak Parekh said that the company will create an in-house team at its headquarters to take charge of investments. This team would dedicatedly work on understanding the startup…