HDFC Bank CEO Sashidhar Jagdishan to Step Down in October

According to Reuters, HDFC Bank Chief Executive Sashidhar Jagdishan has decided not to seek reappointment when his current term ends on October 26, 2026. India’s largest private lender announced the departure on Saturday, setting up a fast-tracked leadership transition amid recent governance reviews. Succession Plans and External Candidates Deputy managing director Kaizad Bharucha stands as … Read more

Federal Bank Becomes Latest India Lender to Tap Dollar Debt via GIFT City

Federal Bank plans to raise $500 million through a five-year dollar bond sale, according to bankers who requested anonymity because they lack authorization to speak with the media. The capital-raising effort follows a board approval on Friday for foreign-currency-denominated bonds issued through the International Financial Services Centre Banking Unit located in GIFT City. Federal Bank … Read more