India's Reserve Bank of India has approved a 90‑day extension for Keki Mistry as interim chairman of HDFC Bank. The move comes as the bank finalises a permanent chairman, expected to recommend a candidate soon. This extension ensures leadership continuity during the transition. The decision underscores RBI's oversight role in major banks.
India's Reserve Bank of India has approved a 90‑day extension for Keki Mistry as interim chairman of HDFC Bank. The move comes as the bank finalises a permanent chairman, expected to recommend a candidate soon. This extension ensures leadership continuity during the transition. The decision underscores RBI's oversight role in major banks.