HighPositive
Announced Thu, 18 Jun · 16:55 IST

HDFC Bank extends Keki Mistry's interim chairman tenure by three months

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

The RBI extended Keki Mistry's interim chairman tenure at HDFC Bank until September 18, 2026, or until a regular part-time chairman is appointed, whichever is earlier. The extension provides leadership continuity following the abrupt resignation of Atanu Chakraborty in mid-March over ethical concerns. The stock closed 1.7% higher at Rs 800.80, reflecting relief that the governance overhang persists but with interim stability in place.