HDFC Bank is conducting an internal review into an alleged leak of confidential information, with two executives potentially identified; action will follow the findings
HDFC identified the executives during an internal investigation that began after some leaders grew concerned about the possibility of information being leaked
Limited overseas reach constrained FCNR(B) deposit mobilisation; incoming chief Anup Bagchi may explore expansion as the lender reviews its strategy
HDFC Bank share price: HDFC Bank reported a 4.7 per cent year-on-year (YoY) increase in net profit to ₹19,510 crore in the second quarter of FY27.
Stocks to watch: HDFC Bank, ICICI Bank, YES Bank, Axis Bank, Bajaj Finance, DLF, OMCs, NTPC, Bajaj Auto, Oberoi Realty, and more stocks will be in focus today.
HDFC Bank faces a major leadership transition as several senior executives prepare to exit, with incoming MD & CEO Anup Bagchi tasked with rebuilding the bank's top management team.
Incoming CEO Anup Bagchi says his long-term goal is to deliver sustainable value for shareholders, employees and clients, while focusing on disciplined growth and governance
Net interest income rose 9.7 per cent to ₹34,620 crore and deposits grew 18.8 per cent, while lower treasury gains and higher expenses capped profit growth
Bharucha, 60, was among the contenders for the bank's top job, with the board recommending him as its internal candidate for the position of managing director and chief executive officer (MD & CEO)
Q2FY27 company results: Firms including IDBI Bank, Central Bank of India, Punjab & Sind Bank, India Cements, and Ixigo are also to release their July-September earnings today
HDFC Bank Q2 results preview: While deposit growth is expected to be strong, supported by strong FCNR(B) inflows, pressure on margins is seen.
HDFC Bank's incoming MD and CEO Anup Bagchi urged finance professionals to prioritise society over personal ambitions, uphold public trust and build careers on integrity
The bank's move to increase its whole-time director strength to five could encourage other systemically important lenders and upper-layer NBFCs to build deeper leadership pipelines
Bagchi, who led ICICI Prudential Life Insurance since June 2023, will take over as HDFC Bank's MD & CEO on October 27, with deposit growth and margin recovery among key priorities
Bloomberg consensus estimates project banks' Q2FY27 net profit at ₹1 trillion, up 19.6 per cent year-on-year, while large FCNR(B) deposit inflows are expected to weigh on margins.
HDFC Bank proposes ₹35.9 crore in annual compensation for incoming MD & CEO Anup Bagchi, including ₹26.92 crore in variable pay, besides a ₹7.35 crore joining bonus
Nifty slides 1.64% as rising crude prices, higher US Treasury yields and geopolitical tensions trigger broad-based selling
Jefferies has named ICICI Bank, State Bank of India (SBI) and Axis Bank as its top picks among large-cap banks post RBI MPC outcome.
HDFC Bank fell 2.16 per cent even as banking indices gained, with analysts retaining positive ratings while investors assess the lender's transition under new CEO Anup Bagchi
In contrast, India's second-largest private-sector bank, ICICI Bank, mobilised $17.88 billion in FCNR(B) deposits and raised $3.55 billion through dollar-denominated bonds