BusinessHDFC Bank Appoints Anup Bagchi as CEO; Past CEO Changes Impact Stocks
HDFC Bank announced Anup Bagchi as its new CEO for a three-year term starting October 2026, succeeding Sashidhar Jagdishan who chose not to seek reappointment. Jagdishan’s departure follows Chairman Atanu Chakraborty’s resignation over ethical concerns. The announcement highlights how bank stocks, including Yes Bank and RBL Bank, have historically reacted to CEO changes, with Yes Bank’s stock rising nearly 9% after Ravneet Singh Gill’s appointment in 2019.
Mint Markets·


