Economy · India

Dinesh Khara Considered for HDFC Bank CEO Role Amid Jagdishan Exit

Dinesh Khara, former Chairman of the State Bank of India (SBI) from October 2020 to August 2024, is reportedly being considered as a potential successor for the Managing Director (MD) and CEO position at HDFC Bank. This discussion follows the decision of current CEO Sashidhar Jagdishan not to seek reappointment. HDFC Bank shares saw an increase of nearly 3% following the news. Reports also mention that Jefferies is mapping the speed of Reserve Bank of India (RBI) clearance for new bank leadership across nine banks.

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