hdfc bank has appointed Rajiv Kumar as its Part-time Chairman for a period of three years effective July 15, 2026, following approval from the Reserve Bank of India (RBI). The appointment, made under Section 10B(1A)(i) of the Banking Regulation Act, 1949, concludes the search for a permanent successor to the interim leadership role. This leadership change is critical for the bank as it continues to navigate the regulatory landscape and operational demands following the merger with HDFC Ltd.

The RBI communicated its approval on July 15, 2026, pursuant to an application submitted by the bank. Rajiv Kumar (DIN: 08049696) assumes the role immediately, bringing stability to the bank's governance structure. The bank had previously intimated the exchanges regarding this appointment on June 29, 2026, pending regulatory clearance.

The bank acknowledged the contributions of Keki Mistry, who served as the Interim Part-time Chairman. The board placed on record its sincere gratitude for Mistry's valuable guidance during his tenure. While he steps down from the chairmanship, Mistry retains his position as a Non-Executive Non-Independent Director, ensuring continuity within the board's leadership.

The transition marks a definitive step in the bank's post-merger integration and governance evolution. The appointment of a Part-time Chairman for a fixed three-year term provides a clear timeline for the bank's leadership structure. The bank's management will now focus on executing its strategic roadmap under the new chairman's guidance.

Key Appointment Details

hdfc bank will conduct its 32nd Annual General Meeting (AGM) on Wednesday, August 5, 2026, at 2:00 P.M. IST through video conference. The bank has established July 29, 2026, as the record date to determine shareholder eligibility for voting. Shareholders whose names appear in the register of members or beneficial owners as on this date are entitled to vote remotely or during the meeting.

The Integrated Annual Report for the financial year 2025-26 and the AGM notice were disseminated via email to members on July 10, 2026. Physical copies of these documents are being sent by post to shareholders who have not registered their email addresses with their depository participants or the registrar, Datamatics Business Solutions Limited.

E-voting and Participation Details

The bank has engaged National Securities Depository Limited (NSDL) to facilitate remote e-voting and the video conference facility. Members who have already voted remotely cannot cast their vote again during the AGM. The e-voting module will be disabled after the remote voting period concludes.

Shareholders holding shares in physical form who have not registered their email addresses must submit a request to evoting@nsdl.com to obtain login credentials. Those already registered with NSDL may use their existing user ID and password. For queries related to e-voting or the video conference, members may contact Ms. Pallavi Mhatre or Mr. Abhijeet Gunjal of NSDL.