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Monday, December 23, 2024 | 01:14 PM ISTEN Hindi

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HDFC Bank board finalises Aditya Puri's successor, waits for RBI nod

It is one of the most coveted jobs in the Indian banking sector and market watchers are keenly awaiting who will be the chosen appointee.

Aditya Puri, Managing Director, HDFC Bank
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Aditya Puri, Managing Director, HDFC Bank

Press Trust of India
The board of India’s largest private sector lender, HDFC Bank, on Saturday decided on the best-suited candidates to succeed its chief executive officer (CEO) and managing director (MD), Aditya Puri, and their names would be submitted to the Reserve Bank of India (RBI).

Puri has been the head of the bank since its incorporation 25 years ago and had led it to be the largest and most valuable bank, on the back of a strict hold over asset quality.

HDFC Bank board had appointed a search committee and also engaged external headhunters to help it find the candidate.

“The board of directors of

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