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HDFC Bank: RBI extends Keki Mistry's tenure as part-time chair till September 18

The extension comes amid an ongoing search for a new non-executive part-time chairman...

News Desk

Staff Writer

Published

Jun 19, 2026

Source

Moneycontrol.com

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HDFC Bank: RBI extends Keki Mistry's tenure as part-time chair till September 18

AI Insight:The extension of Keki Mistry's tenure as part-time chair of HDFC Bank highlights the ongoing challenges in finding a suitable replacement.

The Reserve Bank of India (RBI) has extended the tenure of Keki Mistry as the non-executive part-time chairman of HDFC Bank till September 18. This decision comes amid an ongoing search for a new non-executive part-time chairman, indicating the complexity and time-consuming nature of the process. The RBI's move is likely aimed at ensuring continuity and stability at the helm of one of India's largest private sector banks, HDFC Bank, which has a significant presence in the country's financial sector. The search for a new chairman has been ongoing for some time, and the RBI's extension of Mistry's tenure suggests that the process is taking longer than expected. The HDFC Bank board is likely to continue its efforts to find a suitable candidate who can take over the role of non-executive part-time chairman, with the RBI's approval.