General Announcement::Outcome of Board Meeting held on April 18, 2020

Issuer & Securities

Issuer/ Manager
HDFC BANK LIMITED
Securities
HDFCBANK INR23B 8.1%N250322 - XS1794215696 - 8NPB
Stapled Security
No

Announcement Details

Announcement Title
General Announcement
Date &Time of Broadcast
20-Apr-2020 15:48:40
Status
New
Announcement Sub Title
Outcome of Board Meeting held on April 18, 2020
Announcement Reference
SG200420OTHRLDGA
Submitted By (Co./ Ind. Name)
Dhanjit Thaivalappil
Designation
Asst Vice President
Description (Please provide a detailed description of the event in the box below)
We wish to inform that pursuant to the recommendations of the Search Committee which was constituted by the Board of Directors of HDFC Bank Limited ( Bank ) and the Nomination and Remuneration Committee of the Bank, and pursuant to the Banking Regulation Act 1949 and the extant Reserve Bank of India (RBI) norms, the Board of Directors of the Bank has today finalized the names of three candidates, in the order of preference, for the position of the Managing Director & Chief Executive Officer (MD & CEO) of the Bank.

As per the extant RBI norms, the Bank will be submitting its application to RBI with the names of the candidates in the order of preference, seeking approval for the appointment of the new MD and CEO, who shall succeed Mr. Aditya Puri whose term is due to expire on October 26, 2020.

On receipt of RBI approval, the Bank shall duly make the requisite disclosures pursuant the Regulations.

This is for your information and appropriate dissemination.

Attachments

SGXCandidates.pdf
Total size =108K