HDFC Bank shares traded marginally lower in early deals on June 30 after the company appointed former Chief Election Commissioner and former Finance Secretary Rajiv Kumar as its new part-time chairman, marking a key step towards resolving the governance overhang on investor sentiment.The stock slip…
Indian shares are set to open marginally higher on Tuesday as investors await possible U.S.-Iran talks in Doha, while heavyweight HDFC Bank NSE:HDFCBANK will be in focus after naming a new part-time chairman and chief financial officer.GIFT Nifty futures (GIFc1) were at 23,994, as of 7:56 a.m. IST…
Jefferies keeps Buy on HDFC Bank ADR (HDFCBANK), target Rs1,050. Stock trades ~13x FY27 earnings and ~1.7x adj. P/B. Independent review cut governance risk; possible board and CEO
HDFC Bank Appoints Puneet Sharma as Chief Financial Officer-Designate, Effective Sept. 1 >500180.BY
Shares of HDFC Bank Ltd., India's largest private lender, and a "consensus buy" among all 47 analysts who track it, are set to react on Tuesday, June 30, to two major news triggers, that could address investor concerns with regards to the management churn at the lender.Who Is HDFC Bank's New Chairm…
Four major banking stocks, HDFC Bank Ltd., Axis Bank Ltd., Bandhan Bank Ltd., and Yes Bank Ltd., could all see market moving reactions on Tuesday, June 30. All four are constituents of the Nifty Bank index and moves on either side could have an impact on the Nifty 50 as well on the day of its month…
India's HDFC Bank NSE:HDFCBANK on Monday named Puneet Sharma chief financial officer, effective December 1, 2026.Sharma will join the lender as CFO-designate from September 1 after more than six years as CFO Axis Bank NSE:AXISBANK, from where he resigned on Sunday.He oversees finance, legal and inv…
Private sector lender HDFC Bank Ltd on Monday (June 29) said it has approved the appointment of Puneet Sharma as Chief Financial Officer-designate with effect from September 1, 2026. He will assume charge as Chief Financial Officer from December 1, 2026.CNBC-TV18 had first reported that outgoing Ax…
India's HDFC Bank NSE:HDFCBANK on Monday named Puneet Sharma chief financial officer, effective December 1, 2026.
HDFC Bank Ltd NSE:HDFCBANK:
HDFC Bank has appointed seasoned bureaucrat Rajiv Kumar as its non-executive chairman for a period of three years. CNBC-TV18 had earlier HDFC Bank that a former bureaucrat was among the contenders for the chairman's post at the lender.In an exchange filing, the bank said it had "approved, subject t…
By Chandini MonnappaIndia's HDFC Bank NSE:HDFCBANK appointed former Finance Secretary and ex-Chief Election Commissioner Rajiv Kumar as its part-time chairman on Monday, ending months of uncertainty over the bank's leadership after its former chairman resigned abruptly in March.Kumar's appointment…
India's HDFC Bank NSE:HDFCBANK on Monday named Rajiv Kumar as part-time chairman.
HDFC Bank Ltd NSE:HDFCBANK:
Outgoing Axis Bank Chief Financial Officer Puneet Sharma is set to join HDFC Bank as its next CFO, according to people familiar with the matter, in what would mark another significant senior leadership moves in India's private banking sector this year.People familiar with the matter said Sharma is…
Sunny Agarwal, Head Fundamental Research, Retail Desk at SBI Securities, remains positive on private banks, preferring HDFC Bank over Kotak Mahindra Bank after the lender received a clean legal review. He says Persistent Systems' acquisition benefits may take up to eight quarters to materialise, wh…
Shriram Subramanian, Founder and Managing Director of InGovern, said the market has largely moved on from governance concerns at HDFC Bank that emerged after allegations made by the bank's former chairman.He said an independent legal review commissioned by the bank found no evidence that the former…
HDFC Bank shares traded higher in early deals on June 29 after two global brokerages reiterated their bullish calls on the private sector lender. Analysts said an independent legal review into allegations raised by former chairman Atanu Chakraborty should help reduce governance concerns that have w…
Shares of HDFC Bank Ltd. gained in early trade on Monday, June 29, after the lender said the external legal review found no basis to former chairman Atanu Chakraborty's allegations in his resignation.Chakraborty, in his resignation letter, had cited that the bank's practices were not in congruence…
What a fascinating churn has gripped the world of Indian private sector banks in the past few years!There was a time when the new private sector banks comprising HDFC Bank, ICICI Bank, Axis Bank and Kotak Mahindra Bank were the only ones that mattered to investors and the “old” private sector banks…
