The Reserve Bank of India (RBI) has approved the re-appointment of Mr. Kaizad Bharucha as the Deputy Managing Director of HDFC Bank. The re-appointment is for a further term of 3 years, effective from April 19, 2026. This decision follows the bank’s application and recommendation from its Governance, Nomination and Remuneration Committee and Board of Directors.
Deputy Managing Director Re-appointment
Mr. Kaizad Bharucha’s re-appointment as the Deputy Managing Director of HDFC Bank has been approved by the RBI. The bank had previously submitted an application to the RBI following recommendations from its internal committees.
Terms of Re-appointment
The re-appointment is for a period of 3 years and will be effective from April 19, 2026. The initial intimation regarding the application for this re-appointment was dated October 30, 2025.
Source: BSE
