HDFC Bank eyes third term for CEO Jagdishan
Synopsis HDFC Bank's board is poised to reappoint Sashidhar Jagdishan as MD & CEO for a third term following external legal reviews clearing the bank
Synopsis HDFC Bank's board is poised to reappoint Sashidhar Jagdishan as MD & CEO for a third term following external legal reviews clearing the bank of concerns raised by a former chairman. While the board and Macquarie Capital support Jagdishan, the RBI's approval remains crucial, with analysts noting the regulator may consider broader factors. The bank's elevated loan-to-deposit ratio, a post-merger challenge, is also a point of consideration.
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