Corrected: BUZZ-HDFC Bank ADRs rise after RBI clears Anup Bagchi as next CEO

HDB Financial Services

01/10/2026 15:03

Corrects CEO name in third bullet to "Bagchi" from "Bachi"
** US-listed shares of India's largest private lender HDFC Bank HDB.N HDBK.NS rise 3.3% to $23.08
** Bank says the central bank has approved the appointment of Anup Bagchi as its next CEO for a three-year term
   ** Bagchi will succeed Sashidhar Jagdishan, whose term ends on Oct 26
** Including session's moves, stock has fallen over 36% YTD

 (Reporting by Avinash P in Bengaluru)
 ((Avinash.P@thomsonreuters.com;))