Leadership▼ Bearish for HDFC Bank
HDFC Bank new leadership to focus on three-pronged strategy: Exclusive
The brief
- HDFC Bank shares have fallen 27% so far this year
- The decline reflects slowing growth, record-low margins and succession uncertainty
- HDFC Bank’s leadership strategy matters to shareholders amid pressure on growth and margins
- From backing Jagdishan to choosing Bagchi: How the search for HDFC Bank’s next leader unfolded
- GIFT Nifty down 102 points; HDFC Bank, TCS, YES Bank, Hindalco, RVNL, DLF among top stocks in focus
- HDFC Bank appoints Anup Bagchi as next managing director and CEO
- HDFC Bank vs ICICI Bank vs smaller lenders: Where senior citizens get better FD returns
- Stocks in news: HDFC Bank, Infosys, Yes Bank, Hindustan Zinc and RVNL
HDFC Bank leadership transition and share performance
HDFC Bank shares have fallen 27% year to date amid slowing growth, record-low margins and succession uncertainty; Anup Bagchi was appointed CEO-MD. Jefferies named the bank its top pick, citing 22% potential upside, and HDFC Bank represents around 11–13% of the Nifty 50 and 12.5% of the Sensex.
Monday, 5 October
- HDFC Bank new leadership to focus on three-pronged strategy: Exclusive