Aditya Puri

Veteran banker and former managing director and CEO of HDFC Bank, Aditya Puri has joined Deloitte Touche Tohmatsu India LLP (Deloitte) as a senior advisor. "Puri will leverage his unparalleled expertise and experience to help Deloitte drive transformation across industries," Deloitte said in a statement on Wednesday. "He also has a personal vision to champion initiatives aimed at boosting affordable healthcare and financial inclusion across India," it said. Puri was the founding CEO of HDFC Bank. He was appointed as CEO of the bank in 1994 and retired after 26 years of service, consistently being named as one of the top business leaders globally. Commenting on his new role, Puri said, "At Deloitte, I see an opportunity to work with talented professionals having reach and expertise across industries. As businesses and industries transform and thrive, we must ensure that everyone in India and especially the underserved communities have access to affordable credit and healthcare ...

Decision comes ahead of merger; RBI had halted move ahead of Aditya Puri's retirement

Puri said unlike a bank, which books revenues for offering its services and reports profit, Paytm has garnered its millions of customers by offering cashbacks

Adds financial services sector has potential to leapfrog competition

Protracted litigation, uncertainty reasons for move: Firm

Jagdishan took over from his larger-than-life mentor Aditya Puri

Governance watchdog recommends shareholders vote against the PNB Housing's board resolution approving preferential allotment.

The announced large equity infusion should significantly improve the confidence of fixed income and equity markets and bring PNB Housing Finance back on the growth path, Morgan Stanley said

Aditya Puri to come on board; Carlyle to appoint chairperson

Carlyle has agreed to invest up to Rs 3,185 crore through a preferential allotment of equity shares and warrants, at a price of Rs 390 per share

We need both large banks and small niche players, so that all the needs of the economy can be served, says Rajnish Kumar, former SBI chairman

Former HDFC Bank chief executive Aditya Puri on Tuesday backed the proposal to allow deep-pocketed corporates into banking in India. Puri, the founder chief executive of what has become the largest private sector lender who retired recently, said the country needs more banks to fuel its economic growth ambitions and capital will have to come from somewhere. Late last year, an internal working group of RBI had proposed to re-allow corporates into banking, leading to a huge controversy on concerns over potential conflicts of interest. "Giving (banking licences) to individuals didn't work, public ownership didn't work either. There is no harm trying it," Puri said during an online event. He named Yes Bank, started by two individuals, and also infra lender IL&FS which faced troubles over governance as cases which did not work and underlined the need to try something new. In order to become a USD 5 trillion economy, India needs to have more banks and a corporate with a good set of ...

Former HDFC Bank managing director Aditya Puri has joined global pharma major Strides Group as an advisor and will also serve as a director of its associate company Stelis Biopharma.

In the past six months, the stock has zoomed 130 per cent, as compared to 33 per cent rally in the S&P BSE Sensex

Puri, who retired from HDFC recently will provide the global investment firm guidance on investment opportunities across Asia

The bank's bad loan net of provisions has been under 0.5% of its assets for a decade now, despite a 10x jump in its assets and 8x in its net interest income.

Jagdishan had also come to office for the hand-over ceremony. Both Jagdishan and Puri addressed their colleagues virtually during the day, officials said

Puri is confident the best is yet to come for the bank and execution of a laid out strategy will take the bank places

HDFC Bank Managing Director and Chief Executive Officer Aditya Puri has assured employees of the country's largest private sector lender that their jobs and bonuses are secure

HDFC Bank Managing Director Aditya Puri on Wednesday said the lender's business is returning to pre-Covid-19 levels and full normalcy is expected to be restored soon