loader2
Login Open ICICI 3-in-1 Account
  • Text Size
  • Text to Speech
  • Color Contrast
  • Pause Animations

Open ICICI
3-in-1 Account

Manage your Savings, Demat and Trading Account conveniently at one place

+91

BLOG

HDFC Bank has received the Reserve Bank of India’s (RBI) approval for the appointment of Rajiv Kumar as the bank’s Part-time Chairman for a three-year term

ICICIdirect Research 16 Jul 2026 DISCLAIMER

News: As per exchange filings, HDFC Bank has received the Reserve Bank of India’s (RBI) approval for the appointment of Rajiv Kumar as the bank’s Part-time Chairman for a three-year term, effective July 15, 2026. The bank also expressed its appreciation to Keki Mistry for his contribution as Interim Part-time Chairman, while confirming that he will continue to serve as a Non-Executive Non-Independent Director of the bank.

View: While the appointment is largely governance-related with no immediate financial impact, it strengthens board stability and enables management to remain focused on executing the bank’s long-term growth strategy.

Impact: Neutral

Download ICICI Direct app

Invest, Track, and Manage your Portfolio Anytime, Anywhere

Download ICICI Direct app

Invest, Track, and Manage your Portfolio Anytime, Anywhere