RBI Weighs Anup Bagchi for HDFC Bank Top Job, Seeks Regulator and Peer Feedback
The Reserve Bank of India is actively assessing Anup Bagchi as a potential chief executive for HDFC Bank and has sought views from the Insurance Regulatory and Development Authority of India and ICICI Bank on his candidature, according to people familiar with the matter. The review reflects regulatory caution over Bagchiās three-year gap from mainstream banking, even as HDFC Bank has proposed Kaizad Bharucha for the role, a move that would require changes to existing tenure norms.
