Puri will also head the Nomination and Remuneration Committee of the boardThe company has inducted five new members to the board 'to drive the business and financial outcomes'
1 min read4 Aug 2021Rosen Law Firm files case for losses suffered by investors due to alleged false statements by the lender
2 min read18 Sep 2020The tepid credit growth is a direct fallout of the slowdown in demand, say bankersBankers said low credit growth was not because they were chasing better customers, but because not many wanted to borrow
2 min read28 Aug 2020A lot has been achieved in the 26-year old journey of HDFC Bank but the 'best is yet to come', the lender's outgoing Managing Director Aditya Puri saidPuri expressed satisfaction that he was passing on the baton to Sashidhar Jagdishan, who is the 'worthiest person' to lead the bank
2 min read13 Aug 2020'The man who has always been comfortable in his own shoes still wears Bata. Thank you sir, Aditya Puri,' Bata India tweeted
1 min read22 Jul 2020Lender has initiated disciplinary action against a set of staff in auto loan bizProbe had been initiated on whistle-blowing complaints, but did not reveal conflict of interest
2 min read20 Jul 2020Aditya Puri, who is set to retire in October this year on attaining the age of 70, had earned ₹42.20 crore by exercising stock options in 2018-19
1 min read19 Jul 2020People aware of the matter have pointed to an expected top management reshuffle in HDFC Bank before Aditya Puri leavesThe bank had constituted a six-member search committee last year to find a replacement for Aditya Puri and hired Egon Zehnder for assistance
2 min read15 Jul 2020The bank will submit its application to RBI with the names of the candidates in the order of preferenceSashidhar Jagdishan and Bhavesh Zaveri tender their resignations as additional directors on the board
1 min read18 Apr 2020Aditya Puri, who built HDFC Bank from scratch since its inception in 1994 and made it the second largest lender with more than ₹9 lakh crore assetAditya Puri succession is keenly watched by the industry as the new person will have to fill in a very large shoe, given the way Puri has built the bank
2 min read4 Mar 2020The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared