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HDFC Bank Ltd.

BSE: 500180 Sector: Financials
BSE 00:00 | 24 Apr 2020 HDFC Bank Ltd
NSE 05:30 | 01 Jan 1970 HDFC Bank Ltd

Intimation Under Regulation 30 Of SEBI (Listing Obligations And Disclosure Requirements) Regulation

April 18, 2020, 4:26 pm | Source: BSE

We wish to inform that pursuant to the recommendations of the Search Committee which was constituted by the Board of Directors of HDFC Bank Limited (Bank) and the Nomination and Remuneration Committee of the Bank and pursuant to the Banking Regulation Act 1949 and the extant Reserve Bank of India (RBI) norms the Board of Directors of the Bank has today finalized the names of three candidates in the order of preference for the position of the Managing Director & Chief Executive Officer (MD & CEO) of the Bank.

As per the extant RBI norms the Bank will be submitting its application to RBI with the names of the candidates in the order of preference seeking approval for the appointment of the new MD & CEO who shall succeed Mr. Aditya Puri whose term is due to expire on October 26 2020.

On receipt of RBI approval the Bank shall duly make the requisite disclosures pursuant the Regulations.

This is for your information and appropriate dissemination.