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HDFC Bank CEO Sashidhar Jagdishan to Step Down in October
BusinessReutersTimes of Indiaindian-express+3moneycontrolndtvinvesting-com6d ago6 sources

HDFC Bank CEO Sashidhar Jagdishan to Step Down in October

HDFC Bank managing director and CEO Sashidhar Jagdishan has announced he will not seek reappointment and will retire on October 26 as his current term concludes. The decision comes amid mounting governance scrutiny and follows the recent resignation of the bank's chairman.

HDFC Bank MD, CFO Fined Rs 1 Lakh Over Maharashtra PSU Deposit Case
BusinessTimes of Indiaindian-express1mo ago2 sources

HDFC Bank MD, CFO Fined Rs 1 Lakh Over Maharashtra PSU Deposit Case

HDFC Bank's board has imposed a Rs 1 lakh penalty on its Managing Director and Chief Financial Officer for an 'extra payout' to a Maharashtra Public Sector Undertaking (PSU) in a deposit case. The disciplinary action follows an investigation into the matter concerning the Maharashtra State Road Development Corporation (MSRDC) deposit.