Anup Bagchi took over as the Managing Director and CEO of HDFC Bank on October 27, following the conclusion of Sashidhar Jagdishan's tenure. His appointment, approved by the Reserve Bank of India for a three-year term until 2029, is pending shareholder approval. Bagchi brings extensive experience in banking and finance and steps into this role during a pivotal period for India's leading private bank.
Shreeshyam Verma
Oct 27, 2026
This article was curated with AI assistance and published by the MBN News Desk.
Anup Bagchi officially assumed the role of Managing Director and Chief Executive Officer of HDFC Bank on October 27, following the end of Sashidhar Jagdishan's tenure. This transition comes at a critical time for India’s largest private bank. Bagchi's appointment has been sanctioned by the Reserve Bank of India for a three-year term, extending until 2029, contingent upon approval from the shareholders.
Having built a robust career in banking and finance, Bagchi brings extensive experience.
Jio Platforms launched its stock with a 21% premium, even as the market faced significant declines.
Shreeshyam Verma
Maruti Suzuki's Q2 profit suffers due to increased costs, despite strong festival season demand for vehicles.
Deepak Gupta
The RBI's recent measures have successfully stabilized the rupee at approximately 95 against the dollar.
Sahil Sharma
L&T's Q2 profit soared to ₹5,202 crore, reflecting a 33% increase, driven by robust demand across its sectors.
Shweta Talpade
Tata Consumer Products shares soared nearly 7% following robust Q2 results, while smallcap indices gained over 2.6%.
Poonam Ghosh
InnoData has laid off approximately 550 employees in India, highlighting the impact of AI on the job market.
Poonam Ghosh