Anup Bagchi’s appointment as HDFC Bank MD & CEO puts an end to succession uncertainty after Sashidhar Jagdishan said he would not seek reappointment when his term ends this month. The leadership handover is now clearer; the harder test is execution.
Funding momentum offers a useful starting point: HDFC Bank said deposits outpaced advances again in its Q2 business update. It also mobilised $11.5 billion in FCNR (B) deposits under the RBI swap...
