HDFC Bank500180Banking
RBI approved Anup Bagchi as new CEO of HDFC Bank for a three-year term, succeeding Sashidhar Jagdishan; bank also reported strong Q2 provisional numbers
- CEO tenure
- three-year term
- Gross advances growth YoY
- 16.3 percent
- Deposits growth YoY
- 18.8 percent
- CASA growth
- 10.8 percent
- FCNR(B) deposits mobilized
- 11.5 billion dollars
Heard on business television between 08:18:23 - 08:21:23 IST.
- Anup Bagchi, ICICI group veteran with 30+ years experience, confirmed as new CEO after RBI approval.
- He succeeds Sashidhar Jagdishan, who exits on 26th October; Bagchi already appointed additional director from 2nd October.
- Key watch is smooth transition and any senior management exits as he builds his team.
- Gross advances grew 16.3% YoY, 5.2% sequentially; deposits grew 18.8% YoY; CASA growth 10.8%.
- Bank mobilized $11.5 billion of FCNR(B) deposits under RBI swap window.
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Source: Live TV News Channel · 5 Oct 2026
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