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CNBC

India’s largest private lender HDFC Bank sees shares rise after CEO announces surprise exit

Monday, August 31, 2026


HDFC Bank's stock price rose following an announcement by CEO Sashidhar Jagdishan that he would not seek reappointment when his term expires. Jagdishan has led the bank since 2015. The bank's board will begin a search for his successor.

Original reporting: https://www.cnbc.com/2026/08/31/hdfc-largest-bank-india-ceo-exit.html

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