BusinessPhoto: Amar BusinessHDFC Bank Deputy MD Resigns; Tata Trusts to Build 50 Non-Profit Hospitals
HDFC Bank's Deputy Managing Director, Kajad Bharucha, resigned effective December 31, after serving since 1995. The bank's board accepted his resignation, pending RBI approval. Tata Trusts plans to establish 40-50 non-profit general hospitals across India to provide affordable quality healthcare. Chairman Noel Tata shared this in the 2025-26 annual report, highlighting a model where paying patients subsidize care for those who cannot afford it. The report did not specify investment, locations, or timelines. A new five-year health strategy for 2026-31 was also introduced.
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