HDFC Bank’s Merger Pangs
India’s second-biggest bank may not be the cynosure of investors as the merger with HDFC weighs heavy, shaving off 16% of its market cap. But who can afford to ignore the 800-Pound gorilla?
sashidhar jagdishan
March 2024
September 2023
July 2023
June 2022
December 2020
Battling Merger Blues At HDFC Bank
India’s largest private bank is up against some serious headwinds as MD & CEO Sashidhar Jagdishan battles the fallout of the merger with parent HDFC — both internally and externally.
Sashidhar Jagdishan gets RBI nod for 2nd stint as HDFC Bank MD & CEO
Jagdishan’s re-appointment as MD & CEO of India’s largest private bank is for three years starting October 27, 2023
HDFC Bank CEO Sashidhar Jagdishan's remuneration rises 62% to ₹10.57 cr in FY23
Basic salary of HDFC Bank CEO stood at ₹2.8 crore for FY23, while allowances and perquisites amounted to ₹3.31 crore; his remuneration for FY22 was ₹6.51 cr
HDFC Bank Makes A Splash
Bank reports bumper profits as single-minded focus on customer acquisition pays off.
HDFC Bank to open 1,500-2,000 branches every year till 2027
These will be small in size and will be phygital centres. HDFC Bank says this will enable it to go after "catchment more aggressively" and build required liability franchise that it’s known for.
HDFC Bank's big digital hiccup
The central bank orders the private bank to temporarily stop launches of digital business generating activities as well as sourcing of new credit card customers.
HDFC Bank's Jagdishan faces his first challenge
On the 37th day since taking charge, the RBI diktat—gagging HDFC Bank’s digital initiatives and addition of new credit card customers—is the first big challenge for the bank's new MD & CEO.
The Aditya Puri masterclass on leadership
The man who built HDFC Bank talks about the early days, and his successor Sashidhar Jagdishan.
