Sukthankar's exit not linked to search for my successor: Aditya Puri

Sukthankar was considered the most likely successor to HDFC Bank Managing Director Aditya Puri, who retires in October 2020

HDFC Bank’s Deputy Managing Director (DMD) Paresh Sukthankar's shock resignation on Friday has increased the talks of finding a successor for Managing Director (MD) Aditya Puri.

Sukthankar was considered the most likely successor to Puri, who retires in October 2020. Puri, while addressing a concall, said the exit was not linked to search for the MD's successor. He also said that he did not delve into the reason for the exit on Sukthankar’s request. "The board and I will put right people in place in 10-15 days," Puri said.

However, there wouldn’t be a role of DMD at HDFC Bank