FinanceET Techabout 3 hours ago
HDFC Bank Submits CEO Candidates to RBI
1 min read
HDFC Bank shares rose 3% after the lender submitted two CEO candidates to the Reserve Bank of India, formally starting the succession process for retiring CEO Sashidhar Jagdishan. The candidates are reportedly deputy managing director Kaizad Bharucha and an external prospect. Brokerages like Nomura, Bernstein, and Macquarie maintained bullish ratings, citing potential upside of up to 62%.
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