RBI Approves Anup Bagchi as New HDFC Bank CEO
The Reserve Bank of India approved Anup Bagchi, an ICICI Group veteran, as the new CEO of HDFC Bank for a three-year term starting October 27. Bagchi, 56, returns to banking after three years in insurance. He replaces Sashidhar Jagdishan, who chose not to seek a third term. This appointment continues ICICI Bank's legacy of producing top financial leaders.
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