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Mistry Stays On as HDFC Bank Chairman for 3 More Months
18 Jun
Summary
- Keki Mistry's tenure as interim chairman extended by three months.
- The extension is valid until September 18, 2026.
- HDFC Bank's 32nd AGM is scheduled for August 5, with a ₹13 dividend proposed.
Keki Mistry's role as interim part-time chairman of HDFC Bank has been extended by three months, with his tenure now set to continue until September 18, 2026. This decision, approved by the Reserve Bank of India (RBI), follows his initial appointment in March. The bank is actively searching for a regular part-time chairman, with reports indicating a former RBI deputy governor is being considered for the position.
Concurrently, HDFC Bank has scheduled its 32nd annual general meeting (AGM) for August 5. Shareholders will vote on a proposed dividend of ₹13 per equity share for the fiscal year ending March 31, 2026. The dividend payment date has been set for August 6, following the AGM. This announcement comes after the abrupt resignation of the previous chairman, Atanu Chakraborty, in March.
