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India's HDFC Bank , the country's ‌largest private lender, will appoint Anup Bagchi as its next chief executive ​for a period of three ​years, it said on Thursday after ⁠getting approval from India's central ​bank.

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Shares of HDFC Bank opened 2.5% higher even as the company's chief executive officer made a surprise announcement to not seek reappointment. Analysts believe that the successor's profile could offer re-rating potential.

NEW YORK--(BUSINESS WIRE)---- $HDB #Bank--HDFC Bank Limited (NYSE: HDB) filed its Form 20-F for the year ended March 31, 2026 on July 15, 2026.

Shares of Indian banks rose more than 1% on Tuesday, making them the top-performing sectoral gainers after the Reserve Bank of India issued detailed guidelines for a concessional foreign exchange swap facility that lenders can use for overseas borrowings. The move forms part of a broader package of measures announced by the central bank to attract foreign capital into the country at a time when...

HDFC Bank shares declined on Wednesday after a newspaper report alleged that India's biggest private lender made payments to a Maharashtra state department to secure large deposits, raising fresh questions over governance at the bank. The stock fell as much as 2% and was trading 1.9% lower at 764.20 rupees as of 10:40am in Mumbai.

Law firms reviewing governance at ​HDFC Bank are set to report this month that they have not found any major lapses, two people with ‌direct knowledge of the findings said, clearing the way for the reappointment of its CEO.