HDFC Bank has officially extended the tenure of Keki Mistry as its interim part-time chairman for an additional three months. The decision follows a period of leadership transition at the private lender, aimed at maintaining strategic stability.
This extension has received the green light from the Reserve Bank of India (RBI). The regulatory approval ensures that Mistry remains in the position until September 18, 2026, providing a consistent hand during the bank's ongoing search for a long-term successor.
Mistry assumed the interim role following the sudden resignation of the previous board chairman. The bank’s leadership emphasized that this move is intended to facilitate a smooth operational transition and uphold strong corporate governance standards for shareholders.
As HDFC Bank continues to navigate its post-merger integration, the continued presence of a seasoned professional like Mistry is viewed as a stabilizing factor for investors and stakeholders alike.
