India's HDFC Bank trades flat after CEO Jagdishan opts against third term
31/08/2026 04:45
India's HDFC Bank trades flat after CEO Jagdishan opts against third term Aug 31 (Reuters) - HDFC Bank HDBK.NS shares were flat in pre-open trade on Monday as investors digested the news that CEO Sashidhar Jagdishan will not seek reappointment when his current term ends in late October.
The shares, which were about 40% foreign-owned as at June-end, have fallen 27% so far this year.
(Reporting by Abhinav Parmar in Bengaluru; Editing by Janane Venkatraman)
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