Industry Reports

HDFC Bank ADRs jump over 5% after Anup Bagchi appointed as MD & CEO for three years

Friday, October 2, 2026 - 12:26
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HDFC Bank ADRs jump over 5% after Anup Bagchi appointed as MD & CEO for three years
HDFC Bank's ADRs rose 5.4% following the appointment of Anup Bagchi as MD and CEO, effective October 27, 2026. The RBI approved his appointment, succeeding Sashidhar Jagdishan, who will not seek a third term. Bagchi previously led ICICI Prudential Life Insurance.

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