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Former finance services secy Rajiv Kumar named HDFC Bank part-time chairman
Kumar (66), a seasoned public policy leader and financial sector reformer, is widely credited with playing a key role in revitalising India's banking and financial system during a period of significant stress between 2017 and 2020. During his tenure, he strengthened governance, risk management and regulatory oversight across banks by institutionalising specialised monitoring of large exposures and introducing technology-driven risk assessment systems.
CNBC-TV18 Newsbreak confirmed: HDFC Bank names Puneet Sharma as CFO
Shares of HDFC Bank Ltd ended at ₹799.00, up by ₹2.95, or 0.37%, on the BSE.
HDFC Bank taps Axis' outgoing CFO Puneet Sharma as new finance chief
HDFC Bank has appointed Puneet Sharma as its new finance chief, following his resignation from Axis Bank. Sharma, who will officially become CFO on December 1, 2026, brings extensive experience from his previous roles at Tata Capital and Citibank. His departure from Axis Bank, where he served as Group Head and CFO since March 2020, was announced on June 28.
Churn at private banks' finance function, 2 CFOs quit
A significant reshuffle is underway in the finance departments of major Indian banks. Axis Bank and Bandhan Bank have seen their Chief Financial Officers resign, sparking speculation about future leadership. This follows another high-profile departure from HDFC Bank. Industry insiders suggest a potential move for one CFO to HDFC Bank, while another might step into the Axis Bank role, creating an unusual churn ahead of financial results.
Future growth will depend on governance quality in public, private institutions: HDFC's Parekh
India's future prosperity hinges on robust governance across public and private sectors, emphasized HDFC Bank Chairman Deepak Parekh. He highlighted that ongoing reforms are building a strong foundation for growth, with a call for further banking sector consolidation. Parekh also stressed the immense funding needs for domestic capacity building and the crucial role of self-reliance in a shifting global landscape.
Buy, Sell Or Hold: HDFC Bank, BEL, Kalyan Jewellers, Ashok Leyland, Cipla And Waaree Energies — Ask Profit
Market experts shared buy, sell and hold recommendations for an array of stocks.
Who Is Rajiv Kumar, The Architect Of Mega Bank Mergers Tapped To Helm HDFC Bank
Rajiv Kumar, the new part time Chairman at India's largest private sector lender.
HDFC Bank Appoints Ex-Finance Secy Rajiv Kumar As Part-Time Chairman
Beyond a career in the banking and financial sector, Kumar has also served as the 25th Chief Election Commissioner of India.
Market Pulse: Key triggers to watch before the June 30 trading session
Global cues remain in focus as Wall Street ended higher and Washington prepares for talks with Iran in Doha, while the US Consumer Confidence Index data is due later today. Domestically, Delhi's proposed EV policy and developments around the CFO positions at Axis Bank and HDFC Bank are expected to remain in focus.
HDFC Bank taps ex-CEC and former finance secretary Rajiv Kumar as part-time chairman
HDFC Bank has appointed former Chief Election Commissioner and ex-Finance Secretary Rajiv Kumar as an Independent Director and proposed him as Part-Time Chairman.
HDFC Bank appoints former financial services secretary Rajiv Kumar as new Non-Executive Chairman
HDFC Bank has appointed former IAS officer and ex-Chief Election Commissioner Rajiv Kumar as its Part-time (Non-Executive) Chairman. The bank's board approved his appointment as an Additional (Independent) Director for four years, effective June 30, 2026. Kumar's three-year term as Chairman awaits RBI approval, with shareholder consent also needed for his director role. This move concludes the bank's extensive search for a permanent leader.
CFO Shuffle: Puneet Sharma Trades Axis Bank For HDFC Bank
Puneet Sharma resigned from the position of CFO for Axis Bank Ltd. on Sunday.