Sashidhar Jagdishan Reappointed as CEO of the HDFC Bank

21 Sep 2023 CW Team

The Reserve Bank of India announced that it had given its approval for the re-appointment of Sashidhar Jagdishan as the Managing Director and Chief Executive Officer of HDFC Bank.

Jagdishan, a chartered accountant by profession, boasts an extensive work history spanning more than 31 years. He has earned a Master's degree in Economics of Money, Banking & Finance from the University of Sheffield in the United Kingdom.

In 1996, he joined the bank as a Manager within the Finance department. By 1999, he had risen to the position of Business Head - Finance and later assumed the role of Chief Financial Officer in 2008.

The bank, in a statement, credited Jagdishan with playing a crucial role in facilitating the bank's growth and leading the finance function while aligning the organization with its strategic goals over the years.

Before being appointed as the Managing Director and Chief Executive Officer of the bank, he served as the Group Head, overseeing various functions including Finance, Human Resources, Legal & Secretarial, Administration, Infrastructure, Corporate Communications, and Corporate Social Responsibility.

In a significant development, the merger of HDFC Corp with India's largest private lender, HDFC Bank, was finalised in July. This merger, valued at approximately $ 40 billion, marked the largest merger in India's corporate history and created a financial services powerhouse.

Also read:

MMRDA plans 350 sq km Town in Mumbai Harbour

Dwarka comes up with mega convention space, Yashobhoomi

Infrastructure Transport

06 Feb 2026

Lucknow Metro East-West Corridor Consultancy Contract Awarded

The Uttar Pradesh Metro Rail Corporation has awarded the first construction-related consultancy contract for the Lucknow Metro East West Corridor to a joint venture of AYESA Ingenieria Arquitectura SAU and AYESA India Pvt Ltd. The firm was declared the lowest bidder for the Detailed Design Consultant contract for Lucknow Metro Line-2 under Phase 1B and the contract was recommended following the financial bid. The contract is valued at Rs 159.0 million (mn), covering design services for the corridor. Lucknow Metro Line-2 envisages the construction of an 11.165 kilometre corridor connecting Cha..

Div Com Kashmir Urges Fast Tracking Of Jhelum Water Transport Project

The Divisional Commissioner of Kashmir has called for the fast-tracking of the Jhelum water transport project, urging district administrations and relevant agencies to accelerate planning and clearances. In a meeting convened at the divisional headquarters, the commissioner instructed officials from irrigation, public health engineering and municipal departments to prioritise the project and coordinate survey and design work. The directive emphasised removal of administrative bottlenecks and close monitoring to ensure timely mobilisation of resources and contractors. Officials were told to in..

Interarch Reports Strong Q3 And Nine Month Results

Interarch Building Solutions Limited reported unaudited results for the third quarter and nine months ended 31 December 2025, recording strong revenue growth driven by execution and a robust order book. Net revenue for the third quarter rose by 43.7 per cent to Rs 5.225 billion (bn), compared with Rs 3.636 bn a year earlier, reflecting heightened demand in pre-engineered building projects. The company’s total order book as at 31 January 2026 stood at Rs 16.85 bn, supporting near-term visibility. EBITDA excluding other income for the quarter increased by 43.2 per cent to Rs 503 million (mn),..