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News 2026-10-02 04:48 UTC

HDFC Bank Appoints Anup Bagchi as New CEO, Eyes Comeback

HDFC Bank has appointed Anup Bagchi, formerly of ICICI Life, as its new CEO. Bagchi's deep banking experience is expected to help the bank move past recent governance issues and work towards restoring its former strength, although challenges in areas like deposits and technology remain.