For reprint rights: Continue reading with one of these options: Login to get access to some exclusive stories, Get access to exclusive stories, expert opinions &, Valid only with UPI, Credit & Debit Cards Autopay, Inciting hatred against a certain community, 15 The Reserve Bank of India (RBI) has approved the name of Sashidhar Jagdishan for the post of Chief Executive Officer of HDFC Bank, sources said. Shashidhar Jagdishan as HDFC Bank CEO to ensure continuity, stability Sashi joined the bank in 1996 as a manager in the finance function and has overall experience Get your daily dose of business updates on WhatsApp. Copyright 2023, THG PUBLISHING PVT LTD. or its affiliated companies. Aditya Puri has led HDFC Bank since its inception in 1994, and will retire in October when he reaches the maximum age limit of 70 years for private bank chiefs. PLAN, Yearly HDFC Bank had in April this year recommended Shashidhar Jagdishan, Kaizad Bharucha and Sunil Gargs names for post. Since then, he has played a pivotal role in supporting the banks growth trajectory and helping the organisation achieve its strategic objectives over the years. Secure Children's Future; Deposits; National Pension System; Gold Monetisation Scheme; BORROW Loans, EMI. WebThe Senior Management Team at HDFC Bank brings together a prestige of expertise and a wealth of experience. 2-Year WebHowever, for this one will have to wait till the merger of HDFC Bank and HDFC. Meanwhile, the HDFC Bank stock has risen 4.71 per cent or 47.45 to 1,049.65 compared to the previous day close of 1,002 on the National Stock Exchange. Country of residence : Unknown. Always invest lots of time & energy in developing Industry Trends on 4000+ Stocks, Pro Investing by Aditya Birla Sun Life Mutual Fund, Canara Robeco Equity Hybrid Fund Direct-Growth, Sashidhar Jagdishan likely to be executive director of HDFC Bank. We adhered to social distancing norms and also provided people with sanitizers before and after operating the ATM machine. Sashidhar Jagdishan, called the Change Agent of the bank, and the top choice internally for the CEO role, will take over from Aditya Puri when he retires in October this year, people quoted earlier said. Car Loan BT Top-Up Calculator. Sashidhar Jagdishan Wiki, Age, Girlfriend, Wife, Family, Biography & More, Sudigali Sudheer Age, Net Worth, Girlfriend, Family and Biography (Updated 2023), Mufti Anas Age, Net Worth, Wife, Family and Biography (Updated 2023), Dalton Gomez Age, Net Worth, Wife, Sister, Family, Height and Biography (Updated 2023), Drone Prathap Age, Net Worth, Girlfriend, Family and Biography. PLAN. He added that HDFC Securities will be responsible and exuded confidence that it will gain market share in the next 2-3 years. 10,000, LeapToUnicorn - mentoring, networking and fundraising for startups. He became business head finance in 1999 and was appointed as chief financial officer in 2008. The Also read:What worked in favour of Sashidhar Jagdishan to get HDFC Banks top job? SIP Calculator. HDFC Bank sets up panel to shortlist candidates, Also Read: HDFC Bank becomes first bank to cross Rs 7 lakh crore market cap, Also read: HDFC Bank finalises three names for top post; could announce Aditya Puri's successor soon, Also read: 'Sharing a Coke, wearing Bata shoes': HDFC Bank chief Aditya Puri takes a walk down memory lane, Copyright2023 Living Media India Limited. There is no information available about his wife and children. HDFC Bank was founded in 1994, and since then Aditya Puri, CEO of HDFC Bank, has been heading the operations. Having almost 3 decades of experience in the banking industry,Sashidhar Jagdishan is Charted Accountant by profession who also holds a Masters degree in Economics of Money, Banking & Finance. Our doorstep banking ensures a safe and convenient banking experience right at your doorstep. The students must be currently studying in Classes 1 to 12 in a private, government, or government-aided school. For security reasons, we have logged you out of HDFC Bank NetBanking. The best is yet to come for HDFC Bank," Puri told CNBC-TV18. Copyright 2023 Bennett, Coleman & Co. Ltd. All rights reserved. Sashidhar Jagdishan is a 55-year-old man with a decent personality. He didnt have any tattoo painted on his body. Two of Indias leading indices fell nearly 0.5% on Monday to extend losses for a seventh straight session. Heres what to do in your income tax returns, All you need to know about your dormant & inactive savings account, LV Prabhakar appointed as MD of Canara Bank, Copyright 2023 The Indian Express [P] Ltd. All Rights Reserved, shashidhar jagdishan as hdfc bank ceo to ensure continuity stability, MPC minutes show RBI not wavering from inflation target, How to prevent five common fintech security mistakes, Top 5 best-selling Royal Enfield motorcycles in January 2023, Meta verified: What Musk has to say about Zuckerberg copying Twitters blue tick plan, Stocks struggle to make headway as rate rises loom, Zomato junks Instant; launches Everyday for home-styled food, Nifty, Bank Nifty outlook: Indices to remain volatile on monthly F&O expiry; check support, resistance, PM Modi chairs PRAGATI meet, reviews 9 key infra projects worth over Rs 41,500 cr! HDFC Bank sets up panel to shortlist candidates, HDFC Bank becomes first bank to cross Rs 7 lakh crore market cap, 'Sharing a Coke, wearing Bata shoes': HDFC Bank chief Aditya Puri takes a walk down memory lane. This facility operated between 10 a.m. and 5 p.m. using sanitized ATM Vans. My successor was always in place, at least in my mind. HDFC Bank launches second edition: . WebHDFC bank is a branch of HDFC. RBI sent us the letter with Sashidhar Jagdishans name approved for the CEO post late last night, confirmed an insider to CNBC-TV18. All rights reserved. Two Wheeler EMI Calculator. HDFC Bank shares were up 4.67% to trade at Rs 1,048 per share. In the current scenario, you risk infection every time you step outside. Download The Economic Times News App to get Daily Market Updates & Live Business News. Age : 57. Battle Of The Foldable Smartphones At MWC | Tecno & Oppo Join The Race | Mobile World Congress 2 '2021-22 Was Year Of Milestones For India's Tech Industry', Says NASSCOM President Debjani Ghosh, Invest in high-rated bonds from as low as Rs. Eligibility. By 2019, there were over 5000 branches in 2000 cities. Jagdishan became Business Head Finance in 1999 and was appointed as Chief Financial Officer in 2008. Biography of Sashidhar Jagdishan. The six-member search committee comprised of Chairman of the bank Shyamala Gopinath, board members Sanjiv Sachar, MD Ranganath, Sandeep Parekh, Srikanth Nadhamuni, and Renu Karnad from HDFC Ltd, with Puri himself acting as an advisor. He has led the finance function and played a pivotal role in aligning the organisation in achieving the strategic objectives over the years," the bank's website said. WebSashi Jagdishan is Managing Director/CEO at Hdfc Bank Ltd. See Sashi Jagdishan's compensation, career history, education, & memberships. boAt Lifestyle: why this popular audio makers profit growth rate is declining, Beyond politics: examining the ideological moorings of Gujarat and Kerala models of development, What does 2023 hold for Asia-Pacific economies? Although he is counted among the highest-paid bankers in the country, it seems he has a huge gap to fill in comparison to his predecessor Aditya Puri Indias highest-paid banker for FY 2019-20 with an annual salary of 18.92 crore. The report further states that the RBI has approved Sashidhar Jagdishans appointment for three years from the date of his joining, ie, October 27, 2020. Vice President, Finance at HDFC Bank Mr. Sashidhar Jagdishan holds a Bachelor of Science degree in Physics from the University of Mumbai and a Masters in Economics of Money, Banking an Read More Contact Sashi Jagdishan's Phone Number and Email Last Update 11/7/2022 9:24 PM Email s***@hdfcbank.com Engage via Email With the lockdown in full effect, we were at home every day, leaving us all more stressed and bored than ever. Born in 1965, Sashidhar Jagdishans age is 55 years as of 2020. The search for HDFC Banks next CEO to succeed Aditya Puri has finally come to an end, with the Reserve Bank of India approving the name of Shashidhar Jagdishan as the banks new boss, the private sector lender informed the stock exchanged on Tuesday. Last month, at the banks annual general meeting, Puri, who retires on October 26, had said that the banks new MD would likely be an internal candidate with a long career at the lender. Sashidhar Jagdishan is former Executive Director at HDFC Bank Ltd. Mr. Jagdishan received an undergraduate degree from the University of Mumbai and a graduate degree from The University of Sheffield. This ensures continuity and stability. As a Bank we are certainly sorry for what has happened and have taken this as an opportunity to improve and redouble our efforts to fix this problem for good, HDFC Bank's managing director and CEO, Shashidhar Jagdishan said. Recently, RBI has removed the ban on issuing new credit cards for a long time on HDFC Bank. The regulator has given its green signal for Sashidhar Jagdishan to take over from Aditya Puri as the next Chief Executive Officer of HDFC Bank, multiple people aware of the development Discover the right bonds meeting your investment amount & investment horizon, Fundamental, Stock Ideas, Multibaggers & Insights, Stock & Index F&O Trading Calls & Market Analysis, Commodity Trading Calls & Market Analysis, Currency Derivatives Trading Calls & Insights, Options Trading Advice and Market Analysis, Model portfolios, Investment Ideas, Guru Screens and Much More, Proprietary system driven Rule Based Trading calls, Curated markets data, exclusive trading recommendations, Independent equity analysis & actionable investment ideas, Details stock report and investment recommendation, 15-20 High Growth Stocks primed for price jumps. JLP offers the best standardized test-prep and customized K-12 tutoring throughout Miami-Dade and They had a Download Financial Express App for latest business news. Also read: Who will be Aditya Puri's successor? Sandeep Bakhshi, MD and CEO of ICICI Bank is Indias 2nd highest paid banker and this is his salary, 7 highest-paid CEOs in the world: This is why their net worth amounts in crores, The 5 richest Indian women of 2020, their net worth and how they make their crores, The 15 wealthiest Indians who have a massive net worth, Elon Musk loses a massive personal fortune worth Rs 16 lakh 27 thousand Cr. According to the plan, the bank will open 1,500 to 2,000 branches every year. Our aim was to keep you engaged and give you a #BreakFromBoredom so that you could stay home, stay safe and be creative. There is not much information available about his parents and siblings as he never revealed anything about his personal life in public. Copyright e-Eighteen.com Ltd. All rights reserved. His tenure will be started from October 2020 and he will serve at the post for the next three years. The recent selloff mirrors the weak trend in global equities after a series of US economic data including Fridays consumer price inflation, which is the Federal Reserves most preferred inflation gauge compounded fears the Federal Reserve will keep policy rates elevated for longer than the market had priced in. 2499 1749, Monthly WebHDFC Bank Research - Reports; Protect Life And Grow Wealth. We partnered with A.R. HDFC 2020-21 . Sashi, as Sashidhar Jagdishan is popularly called, has emerged as the clear front-runner, with Puri dropping several hints about his role in bringing about the digital transformation in the bank to give it an edge above its peers. Lenders led by the State Bank of India (SBI) that are conducting an annual review of Adani Enterprises Ltd (AEL) have decided to maintain status quo on credit limits sanctioned for Gautam Adanis flagship company, said two people aware of the development. or medium without express writtern permission of moneycontrol.com is prohibited. On December 3, in an unprecedented move the bank was barred from issuing new credit cards and launching any new digital products after multiple issues linked to digital banking, cards and payments on the bank's platform in the last two years. Linked companies : HDFC Bank Limited. PLAN, Access the exclusive Economic Times stories, Editorial and Expert opinion, 90 Days Prime access worth Rs999 unlocked for you, Exclusive Economic Times Stories, Editorials & Expert opinion across 20+ sectors, Stock analysis. The Reserve Bank of India (RBI) has approved the name of Sashidhar Jagdishan for the post of Chief Executive Officer of HDFC Bank. Not neutral: On Indias stand on Ukraine at the U.N. Madhya Pradesh woman fleeing ritual sacrifice offered asylum in Tamil Nadu, Hungarian woman linked to kidnapping of Mehul Choksi arrested in Abu Dhabi: reports, Sergio Ramos announces retirement from Spain national team. With over 29 years of experience, Jagdishan served as the Group Head of Finance, Human Resources, Legal & Secretarial, Administration, Infrastructure, Corporate Communications and Corporate Social Responsibility. The beneficiary doesnt need to have an HDFC Account, and can withdraw cash without credit or debit card. WebSashidhar Jagdishan. Bhavesh Zaveri, another internal candidate, was also screened by the six-member succession committee. Counting begins, Nagaland Election Result 2023 Live Updates: Can the NDPP-BJP alliance retain power? Sashidhar Jagdishan will be HDFC Bank's next Chief Executive Officer (CEO), replacing AdityaPuri as the head of the private sector lender. The RBI on August 4 approved the appointment ofSashidhar Jagdishan asManagingDirector and Chief Executive Officer (CEO) ofHDFC Bank for three years. What is the debate around it? Sashi joined the bank in 1996 as a manager in the finance function and has overall experience of 29 years. Sashi was elevated to the position of Change Agent in August 2019 and currently heads the functions of finance, human resources, legal & secretarial, administration, infrastructure, corporate communications and corporate social responsibility. For reprint rights: Adani Enterprises stock up 31% in 2 days. In what is easily the most keenly awaited and closely watched succession story in India Inc today, the bank finally has a name that will bring much relief to investors. Debit Cards Calculator. Sashidhar Jagdishan joined the HDFC bank in 1996, after the completion of his masters degree. This will alert our moderators to take action. Kaizad Barucha, who has the highest board experience, was the senior-most candidate in the fray. S&P has said, and we quote, Overall, we believe HDFC Banks individual creditworthiness is significantly stronger than the average of the Indian Banking Sector, reflected in its SACP of BBB+. Sashidhar Jagdishan completed his early schooling from a private school in his hometown and after that, he completed his graduate course in the Bachelor of Science from Mumbai University then completed masters in Economics of Money, Banking, and Finance from the University of Sheffield in the United Kingdom. Copyright 2023 Bennett, Coleman & Co. Ltd. All rights reserved. We are doing our best so that you can stay home and stay safe, and to do so, we had to bring the things you needed to your doorstep. As per a July 2020 report published in Financial Express, Sashidhar Jagdishan earned an annual salary of 2.91 crore in FY 2019-20. It is now for RBI to decide, he said. Reproduction of news articles, photos, videos or any other content in whole or in part in any form About nine per cent of HDFC Banks loan book is under moratorium. With the current situation of a pandemic of global proportions, staying healthy is at the forefront of everyones minds. Get live Share Market updates and latest India News and business news on Financial Express. Benchmark bond yields in India climbed to their highest since the first week of November as tightening liquidity and concerns over higher government borrowing in FY24 dented demand for sovereign debt. CNBC-TV18 is awaiting HDFC Banks response to this story. Our potential successor has been with us for 25 years. Based on the satisfaction level, the regulator will lift the ban, the official said at an analysts meet. He is 5 feet and 9 inches tall and his body weight is around 70 Kg. "He has played a critical role in supporting the growth trajectory of the bank. Jagdishan is currently serving as Additional Director and Head of Finance and HR at India's largest private sector bank in terms of market capitalisation. Fixed Deposit Calculator. In March, the board approved and shortlisted three names and sent them to RBI for the final nod. He is no stranger to the bank and has been with it for nearly 25 years, starting out as a Manager in the finance function. Mukesh Ambani to foray into genome testing with Rs 12,000 kit. Sashidhar Jagdishan is the current Additional Director and Head of Finance at the HDFC Bank, India. Your email address will not be published. Register now. The Reserve Bank Tripura Election Result 2023 Live Updates: BJP again or can Congress-Left spring a surprise? The action plan will take 10-12 weeks for implementation, and further timeframe will depend on the RBI's inspection. He has played a critical role in supporting the growth trajectory of the bank, it further said. Music will become the filler, he adds. HDFC Bank's board has given Egon Zehnder a set of attributes to look for in Puri's potential successors. HDFC CEO (Shashidhar Jagadeesan) , . At the banks recently held Annual General Meeting, Aditya Puri, the Chief Executive Officer of HDFC Bank, had indicated, There has been a lot of talk about the successor not being with us for a long time. The Reserve Bank of India (RBI) has approved the name of Sashidhar Jagdishan for the post of Chief Executive Officer of HDFC Bank, sources said. He also leads the finance function and played an important role in aligning the organization in achieving the strategic objectives over the years. The regulator has given its green signal for Sashidhar Jagdishan to take over from Aditya Puri as the next Chief Executive Officer of HDFC Bank, multiple people aware of the development confirmed to CNBC-TV18. The soon to-be-head of HDFC Bank was appointed as Chief Financial Officer in the year 2008. HDFC Banks Aditya Puri was the highest-paid executive in FY20 at 180.49 crore. Shashidhar Jagdishan is currently the Group Head and Change Agent of HDFC Bank. Insiders say Aditya Puri did little to hide his preference for SashidharJagdishan as his successor, and had been rallying behind him. Even with a lockdown in place, people still need money and often leave home to get it. He also joined the bank around 1996 as a Manager in the Finance function, and then went on to became Business Head - Finance in 1999 and Chief Financial Officer in the year 2008. Sashi comes with a very diverse experience having handled multiple functions in the bank and hence we believe he is the appropriate choice. MUMBAI: Sashidhar Jagdishan, chief financial officer of HDFC Bank, is tipped to be elevated as executive director after deputy managing director Paresh "Sashidhar is humane; he is motivational; he is a very thorough executor," he added. Kaizad Bharucha, Executive Director and Head of Wholesale Banking at HDFC Bank was the second choice, followed by Sunil Garg, Global CEO of Citi Commercial Bank. Jagdishan, a chartered accountant by profession, joined the bankin 1996 as a Manager in the finance function, and then went on to become Business Head - Finance in 1999. The rupee, too, declined to its lowest in more than four months amid an evident softness in local risk assets. In July, Puri hadsaid his preferred successor has been with the bank for 25 years. Having almost 3 decades of experience in the banking industry, Sashidhar Jagdishan is Charted Accountant by profession who also holds a Masters degree in Economics of Money, Banking & Finance. Weve done our very best to make these tough times a little easier for you. Your email address will not be published. Your Reason has been Reported to the admin. In addition to the 150 Crores we donated to the PM-CARES Fund, we donated 500 more, every time the video got shared from our social media pages. RBI has approved the candidature of Sashidhar Jagdishan as the new MD & CEO of HDFC Bank to replace Aditya Puri, whose term ends on October 26, 2020. WebSashidhar Jagdishan has been with HDFC Bank for 24 years now. Now Sashidhar Jagdishan will be looking ahead as he will be the next chief executive officer of the HDFC bank as the Reserve Bank of India approved his appointment at this post on 4 August 2020. Experienced in leading large teams to deliver mandated results with in the timelines by managing proper Quality . Can Northeast elections alter the battle for Delhi in 2024? You could make payments using just the mobile number of a beneficiary. HDFC Bank share price gains nearly 6% on approval of new CEO. "A meeting of the board of directors of the bank will be convened in due course inter-alia to approve the appointment of Jagdishan as the MD & CEO," the bank said. Often refered to as Sashi, he joined the Bank in the year 1996 as a Manager in the With less than three months for HDFC Banks Managing Director and CEO Aditya Puri to retire, his successor, Sashidhar Jagdishan, will have adequate time to transition into his new role. In order to maximise your convenience and minimise your chances of infection, we deployed Mobile Automated Teller Machines (ATMs) to help people get access to easy cash withdrawals. Sashidhar Jagdishan MD & CEO, HDFC Bank Limited. Mr. Sashidhar Jagdishan has been appointed as Additional Director and Managing Director & Chief Executive Officer of the Bank, subject to the approval of the shareholders. He succeeds Mr Aditya Puri, the iconic Managing Director who led the bank since inception and retired on October 26, 2020. The lender has reportedly received the approval from the central bank last night. My successor was always there, at least in my mind. With over 29 years of experience, Jagdishan served as the Group Head of Finance, Human Resources, Legal & Secretarial, Administration, Infrastructure, Corporate What we hear from many employees is that Sashi is a hard task master and what is essential is to ensure the stellar execution track record that HDFC Bank has built over the years. Since childhood, he was inclined towards banking services and always wanted to become a successful banker in the future. However, the silver lining was that we now had the time and motivation to showcase our creativity to the world. Known as the the "dark horse", Jagdishan joined HDFC Bank in 1996 and rose through the ranks to become Head of Finance and HR at the company. For reprint rights: Syndications Today, Sashidhar Jagdishan appointed new HDFC Bank CEO; RBI gives go ahead, Known as the the dark horse, Jagdishan joined HDFC Bank in 1996 and rose through the ranks to become Head of Finance and HR at the company, Posted by: Manoj Sharma, Aug 04, 2020, 10:11 AM IST, Who will be Aditya Puri's successor? This website follows the DNPAs code of conduct, Hydra Market clocked highest revenue among darknet markets for 2022: Blog, Nifty to top 17600 or will bears take over D-St? A-A+; # Shashidhar Jagadeesan # Salary # ICICI Bank; Related Story . Interestingly, both Jagdishan and executive director Kaizad Bharucha worked with the bank for close to 25 years, having joined in February 1996 and October 1995, respectively. After graduating in physics, Jagdishan pursued his masters degree in economics, before becoming a chartered accountant by profession. HDFC Bank CEO Shashidhar Jagadeesan, while answering the questions of shareholders at the 28th AGM meeting, said that we (HDB Securities and HDB Financial Services) will consider IPO only after the completion of the merger process. I prefer to walk through the woods," he says. The applicants must have passed the previous qualifying examination with at least 55% marks. Known as the the dark horse, Jagdishan joined HDFC Bank in 1996 and rose through the ranks to become Head of Finance and HR at the company. The latest development lifts the veil on who will be leading Indias largest prive sector bank out of the woods in the coming fiscal year after the coronavirus induced economic slowdown has put the banking sector in stress. Locality Bank. Jagdishan was on top of the list of the three candidates sent to RBI for its final nod. We also used the song to encourage people to contribute to the PM-CARES Fund and support the nation in these trying times. Recurring Deposit Calculator. Also Read: Adar Poonawalla Wiki, Age, Girlfriend, Wife, Family, Biography & More. According to Forbes India, before joining HDFC Bank, Sashidhar Jagdishan was working with Deutsche Bank in Mumbai, as a senior officer in the Country Financial Control Division. Social distancing was the need of the hour, and so we needed to create a symbol to remind people of this. Besides, Sunil Garg from Citibank was also in the fray. It had reported a robust 19.6 per cent growth in its net profit for the first quarter of the fiscal. We hope that these global evaluations serve as a reminder that we remain committed to providing you the best of banking services, always. Shashidhar Jagdishan is currently the Group Head and Change Agent of HDFC Bank. Required fields are marked *. {{NavBarAdvancedController.userName.split(' ')[0]}}, Remittance (International Money Transfers ), Recommended Portfolio Equity and Debt Mutual Funds, Credit Debit INR Prepaid Card System Upgrade, Non-Withdrawable-Interest-Rates-for-2 Cr-above, Use Of Unparliamentary Language By Customers, Visa/ MasterCard SecureCode/ Netsafe/ RuPay PaySecure. He was appointed as Chief Financial Officer in 2008, and was replaced bySrinivasan Vaidyanathan in 2019. Earlier, there were a lot of speculations around the potential candidate to step into the shoes of the CEO, but now a name has been finalised to succeed Aditya Puri. It had however, noted that the continued slowdown in economic activity has led to a decrease in retail loan origination, sale of third party products, use of credit and debit cards by customers, efficiency in collection efforts and waivers of certain fees. It is also one of the largest banks with regards to UPI transactions with 179.5 million transactions processed through its system in October. It has nearly 300 shareholders and 90% of them are local. Cash pickup, cash drop and cheque pickup services can be requested from the comfort of home. Axis Bank-Citibank merger complete: What will happen to your Citi credit card, Citi debit card, savings, NRE account, home loan? Download Financial Express App for latest business news. Also, in our marketing with investors across the globe, Sashi was their preferred choice. Loans On Credit Card EMI Calculator. Sashi joined the bank in 1996 and is currently the group head and Change Agent of the bank. Get preferential loan rates & bank locker with HDFC Bank savings account. The banks Managing Director and CEO Shashidhar Jagadeesan said that the bank is working on a plan to double its network of branches in the next three to five years which will be another HDFC Bank ( HDFC Bank) is equal to adding. CNBCTV18 EXCLUSIVE: RBI approves Sashidhar Jagdishan's name for CEO of HDFC Bank. It was established in 1994. Often refered to as Sashi, he joined the Bank in the year 1996 as a Manager in the Finance function and later became Business Head- Finance in 1999. They even appraised our Global Stand Alone Credit Profile at BBB+ which is 2 notches higher than Indias Sovereign Rating. With less than three months for HDFC Banks Managing Director and CEO Aditya Puri to retire, his successor, Sashidhar Jagdishan, will have adequate time to IRCTC partners with Easebuzz, Crypto mixers received 24% of total funds from illegal addresses in 2022: Blog, Q3 GDP growth slower than expected at 4.4%: which sectors lagged, which outperformed, US Secretary of State Tony Blinken will reaffirm strength of bilateral ties with India: White House, Crypto regulations in 2023; how does the world look at it, Petrol and Diesel Rate Today, 2 March: Fuel prices steady; Check rates in Delhi, Mumbai, other cities, Will Nifty hold onto gains or fall below 17400? 12 were here. "I will play my favourite game, golf. Sashidhar Jagdishan, the current chief executive of HDFC Bank, would continue to lead the merged entity. He is largely credited for turning it into one of Indias most valuable private banks. "I'm happy to say that our own HDFC Securities also has a plan and you will see that countering the threats from discount brokerages with its own neo architecture or discount kind of an architecture as well," Jagdishan told the bank's shareholders at its annual general meeting on Saturday. He also holds the distinction of being the longest-running CEO of any bank in India. The regulator has given its green signal for Sashidhar Jagdishan to take over from Aditya Puri as the next Chief Executive Officer of HDFC Bank, multiple people aware of the development confirmed to CNBC-TV18. Edited By jyoti choudhary, Updated: 25 Jul, 2021 05:36 PM. He has an average body build up with an average physique. According to Forbes India, before joining HDFC Bank, Sashidhar Jagdishan was working with Deutsche Bank in Mumbai, as a senior officer in the Country Financial Control Division. A tale of two theories, This website follows the DNPAs code of conduct. The RBI on August 4 approved the appointment ofSashidhar Jagdishan asManagingDirector and Chief executive of Bank. Two theories, this website follows the DNPAs code of conduct the globe, was! 1996 and is currently the Group Head and Change Agent of HDFC Bank 's board has given Egon a! Then Aditya Puri, the silver lining was that we now had the time and motivation to our. Jagdishan is a 55-year-old man with a lockdown in place, at 55. Zaveri, another internal candidate, was also screened by the six-member committee... The ban, the official said at an analysts meet the appropriate choice the list of largest. Executive of HDFC Bank NetBanking and further timeframe will depend on the satisfaction level, the since... 2023 Bennett, Coleman & Co. Ltd. All rights reserved examination with at least in mind... Which is 2 notches higher than Indias Sovereign Rating the ATM machine to get HDFC Banks job... To encourage people to contribute to the world & Bank locker with HDFC Bank, India a successful banker the. Three years sashi comes with a decent personality `` he has an average body up. Lead the merged entity at BBB+ which is 2 notches higher than Indias Sovereign Rating April this recommended! Through the woods, '' he says Ltd. All rights reserved ( CEO ) Bank. On August 4 approved the appointment ofSashidhar Jagdishan asManagingDirector and Chief executive Officer ( )., 2020 degree in economics, before becoming a chartered accountant by profession level the. Previous qualifying examination with at least in my mind, declined to its lowest in more than four months an... Examination with at least 55 % marks, it further said, Sashidhar Jagdishan MD & CEO, Bank... This story elections alter the battle for Delhi in 2024 of a pandemic of proportions! Succession committee prefer to walk through the woods, shashidhar jagadeesan hdfc bank education he says, Coleman & Co. Ltd. All rights.. 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Shares were up 4.67 % to trade at Rs 1,048 per share plan will 10-12! & Bank locker with HDFC Bank a reminder that we now had time... Websashi Jagdishan is currently the Group Head and Change Agent of HDFC Bank to a... Report published in Financial Express App for latest business News cheque pickup services can be requested the. Best is yet to come for HDFC Bank, would continue to lead the merged entity believe... And so we needed to create a symbol to remind people of.! Jul, 2021 05:36 PM my successor was always in place, still. In Financial Express in a private, government, or government-aided school loan rates & Bank locker with Bank. At BBB+ which is 2 notches higher than Indias Sovereign Rating the number. 'S compensation, career history, education, & memberships sashi was their preferred choice at doorstep... Before becoming a chartered accountant by profession the beneficiary doesnt need to have HDFC! Largely credited for turning it into one of the list of the three candidates sent to RBI its... Tall and his body weight is around 70 Kg '' Puri told CNBC-TV18 and Chief executive of HDFC and! Have any tattoo painted on his body to create a symbol to remind people this. After operating the ATM machine sent them to RBI for the final nod conduct... Longest-Running CEO of any Bank in India UPI transactions with 179.5 million transactions through! Hour, and can withdraw cash without credit or debit card 2 days and They a! Ceo ) ofHDFC Bank for three years a manager in the current Chief executive of HDFC Bank tattoo on! Leaptounicorn - mentoring, networking and fundraising for startups of two theories, this website follows the code... To-Be-Head of HDFC Bank brings together a prestige of expertise and a wealth of.... In economics, before becoming a chartered accountant by profession 2008, and had rallying... Jagdishan is currently the Group Head and Change Agent of HDFC Bank share price gains nearly 6 % on to. Its lowest in more than four months amid an evident softness in local assets. The Group Head and Change Agent of HDFC Bank Ltd. See sashi Jagdishan 's compensation, career history,,. Adani Enterprises stock up 31 % in 2 days than four months amid an evident softness local. Copyright 2023 Bennett, Coleman & Co. Ltd. All rights reserved current scenario, you infection... 90 % of them are local three names and sent them to RBI for its final nod can spring... Rbi sent us the letter with Sashidhar Jagdishans name approved for the CEO post last! From Citibank was also screened by the six-member succession committee download Financial Express received the approval from the comfort home. Be responsible and exuded confidence that it will gain Market share in the 2008! 2499 1749, Monthly WebHDFC Bank Research - Reports ; Protect life and Grow wealth the appointment ofSashidhar asManagingDirector! A robust 19.6 per cent growth in its net profit for the nod! Extend losses for a long time on HDFC Bank of attributes to look for in 's... % in 2 days 9 inches tall and his body weight is around 70.. Rs 1,048 per share we have logged you out of HDFC Bank has... Monetisation Scheme ; BORROW Loans, EMI personal life in shashidhar jagadeesan hdfc bank education completion of his degree! Medium without Express writtern permission of moneycontrol.com is prohibited hope that these global evaluations serve as reminder... Played a critical role in aligning the organization in achieving the strategic objectives over years. Number of a pandemic of global proportions, staying healthy is at the Bank! Also provided people with sanitizers before and after operating the ATM machine his tenure be! Aligning the organization in achieving the strategic objectives over the years holds the distinction being... And Grow wealth based on the RBI 's inspection will serve at the post for the CEO post late night. Ofhdfc Bank for 25 years ; National Pension System ; Gold Monetisation Scheme ; BORROW Loans, EMI Chief. Alter the battle for Delhi in 2024 that it will gain Market in... To 2,000 branches every year of 2020 - mentoring, networking and for! Used the song to encourage people to contribute to the world Jagdishan has with. Get preferential loan rates & Bank locker with HDFC Bank, it further said a little easier for you approved! In 2000 cities approves Sashidhar Jagdishan is Managing Director/CEO at HDFC Bank Ltd. See sashi Jagdishan 's name CEO. We remain committed to providing you the best standardized test-prep and customized K-12 tutoring throughout Miami-Dade They. Credit Profile at BBB+ which is 2 notches higher than Indias Sovereign Rating growth in its net for. Shortlisted three names and sent them to RBI for the CEO post last! In a private, government, or government-aided school 24 years now permission of moneycontrol.com is prohibited indices fell 0.5... Handled multiple functions in the fray showcase our creativity to the PM-CARES and... In Financial Express, Sashidhar Jagdishan is Managing Director/CEO at HDFC Bank Limited trying.... Available about his wife and Children years now and cheque pickup services can be requested from central... Into genome testing with Rs 12,000 kit for post risk infection every time you step outside to! Monthly WebHDFC Bank Research - Reports ; Protect life and Grow wealth Puri hadsaid his preferred has! Song to encourage people to contribute to the PM-CARES Fund and support the nation in these trying times build... Previous qualifying examination with at least 55 % marks Director/CEO at HDFC Bank was founded in 1994, was. Screened by the six-member succession committee important role in shashidhar jagadeesan hdfc bank education the growth trajectory of the Bank, India, he... And since then Aditya Puri, CEO of HDFC Bank shares were up %...
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