Tag: hdfc bank

Anup Bagchi, 56, brings experience across banking and financial services, including retail, broking and insurance, from his previous roles. (mint)
Posted in Business

Anup Bagchi choice for HDFC Bank CEO signals regulatory slant for fresh blood

ICICI Bank veteran Anup Bagchi’s appointment as the managing director and chief executive officer of HDFC Bank is the latest instance of the regulator approving…

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Posted in Economy

‘Fed’ up with inflation? US rate hike leaves RBI with an October-or-December dilemma, economists say

The US Federal Reserve’s return to interest rate hikes is turning up the pressure on India, pushing the rupee past 96 against the dollar and…

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Posted in Economy

Retail inflation in August rises to 4.8%, wholesale print up 9.9%

New Delhi: India’s price pressures intensified in August, with retail inflation accelerating to 4.8%, its highest level since the introduction of the revised Consumer Price…

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Jagdishan, who has led the bank since 2020, is set to step down at the end of his second term in October. (Representative Image (File Photo/Bloomberg))
Posted in Business

HDFC Bank submits two names as RBI set to appoint new CEO

HDFC Bank’s board has submitted two candidates to the Reserve Bank of India for the role of CEO, the lender said on Saturday, formally starting…

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Posted in Economy

India’s balance of payments likely to post $60-65 bn surplus in FY27 despite wider CAD: HDFC Bank

New Delhi [India], September 4 (ANI): India’s balance of payments (BoP) is expected to post a surplus of USD 60-65 billion in FY27 despite a…

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Simple Energy targets 20% of EV market, plans 10,000-12,000 monthly output
Posted in Startups

Simple Energy targets 20% of EV market, plans 10,000-12,000 monthly output

Electric two-wheeler maker Simple Energy is targeting 20% market share within the next two years as it makes an aggressive push into the mass market…

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Posted in Economy

India rides out West Asia storm as GDP grows 7.8% in April-June quarter

New Delhi: India’s economy grew a better-than-expected 7.8% in the June quarter from a year earlier, belying concerns that severe headwinds, including the war in…

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Posted in Economy

India’s Q1 GDP growth quickens to 7.8% as consumption, capex offset US-Iran war shock

India’s gross domestic product (GDP) quickened to 7.8% in the first quarter of FY27, up from revised 6.9% in the same quarter last year, as…

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Posted in Economy

NIIF raises $2 billion for second infrastructure fund; sets target of $3.2 billion

India’s National Investment and Infrastructure Fund (NIIF) has raised $2 billion for its second infrastructure fund from marquee investors such as AustralianSuper, CPP Investments, a…

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Sashidhar Jagdishan joined HDFC Bank in 1996 as a manager in the finance division, and went on to become the finance head in 1999. (File Photo/HT)
Posted in Business

HDFC CEO Sashidhar Jagdishan to not seek reappointment, set to step down in October

HDFC Bank Ltd on Saturday said that its Chief Executive Officer Sashidhar Jagdishan has decided not to seek reappointment when his term ends on 26…

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