Economy
HDFC Bank Deputy MD Kaizad Bharucha Resigns After Three Decades
The Indian Express59m
THE BRIEF
1
HDFC Bank Deputy Managing Director Kaizad Bharucha has sought to step down effective December 31, 2026, after serving the institution for over three decades.
2
The board accepted Bharucha's resignation following meetings on October 16 and 17, and forwarded the request to the RBI for formal approval.
3
Bharucha was a contender for the CEO position before the RBI recommended Anup Bagchi, following integration changes after the HDFC merger.