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HDFC Bank names Anup Bagchi CEO as Jagdishan exits

Anup Bagchi is among five named key managerial personnel authorized to determine event materiality and make necessary disclosures to stock exchanges.

(Moderate)

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Form Type
6-K

Rhea-AI Filing Summary

HDFC Bank Limited (HDB) reported that Sashidhar Jagdishan vacated the office of Managing Director and Chief Executive Officer at the close of business on October 26, 2026, upon completion of his tenure. Anup Bagchi assumed the role effective October 27, 2026.

The bank named Anup Bagchi, Kaizad Bharucha, V. Srinivasa Rangan, Srinivasan Vaidyanathan and Ajay Agarwal as Key Managerial Personnel severally authorized to determine the materiality of events and information and make necessary disclosures to stock exchanges. Their listed roles are Managing Director and Chief Executive Officer, Deputy Managing Director, Executive Director, Chief Financial Officer and Company Secretary, respectively.

Key Managerial Personnel regulatory
"contact details of Key Managerial Personnel"
materiality of events and information regulatory
"determining materiality of events and information"
SEBI Listing Regulations regulatory
"Regulation 30(5) of the SEBI Listing Regulations"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

Who became HDFC Bank's MD and CEO, and when did he take charge?

Anup Bagchi assumed the role effective October 27, 2026. Sashidhar Jagdishan vacated the office at the close of business on October 26, 2026, upon completion of his tenure.

Which HDFC Bank personnel are authorized to determine event materiality and make disclosures?

Anup Bagchi, Kaizad Bharucha, V. Srinivasa Rangan, Srinivasan Vaidyanathan and Ajay Agarwal were severally authorized to determine materiality of events and information and make necessary disclosures to stock exchanges. Their listed roles are Managing Director and Chief Executive Officer, Deputy Managing Director, Executive Director, Chief Financial Officer and Company Secretary, respectively.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

Form 6-K

Report of Foreign Private Issuer

Pursuant to Rule 13a-16 or 15d-16 under the

Securities Exchange Act of 1934

For the month of October, 2026

Commission File Number 001-15216

HDFC BANK LIMITED

(Translation of registrant’s name into English)

HDFC Bank House, Senapati Bapat Marg,

Lower Parel, Mumbai. 400 013, India

(Address of principal executive office)

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.

Form 20-F ☒    Form 40-F ☐

 

 
 


SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

      

HDFC BANK LIMITED

           (Registrant)
        
Date: October 27, 2026        By:   

/s/ Ajay Agarwal

      

Name:  Ajay Agarwal

      

Title:   Company Secretary

     Group Head – Secretarial & Group Oversight


EXHIBIT INDEX

The following documents (bearing the exhibit number listed below) are furnished herewith and are made a part of this report pursuant to the General Instructions for Form 6-K.

Exhibit No. 99

Description

Disclosure

Exhibit 99

October 27, 2026

New York Stock Exchange

11, Wall Street,

New York,

NY 10005

USA

Dear Sir,

Sub: Disclosure

In continuation to our earlier intimations on the captioned subject, this is to inform that Mr. Sashidhar Jagdishan has vacated the office as the MD & CEO of the Bank from the close of business hours on October 26, 2026 on account of completion of his tenure and Mr. Anup Bagchi has assumed charge as MD & CEO of the Bank effective today i.e. October 27, 2026.

The Bank would like to place on record its sincere appreciation for the strategic vision and unwavering commitment demonstrated by Mr. Jagdishan throughout his distinguished tenure. His stewardship has been instrumental in strengthening the Bank’s performance, culture, and customer-centric approach. The Bank also acknowledges his pivotal role in steering the successful completion of one of the largest mergers in corporate India. The Bank expresses its profound gratitude for his exemplary service and long association with the Bank over so many decades.

The Bank warmly welcomes Mr. Anup Bagchi to his new role and looks forward to his leadership in advancing the Bank’s strategic priorities.

The details as required in terms of disclosure under Regulation 30 read with Clause 7 of Paragraph A of Part A of Schedule III to the SEBI Listing Regulations read with SEBI Master Circular no. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026 in relation to Mr. Anup Bagchi and Mr. Sashidhar Jagdishan, have already been provided in the intimation dated October 1, 2026.

Further, in view of the aforesaid appointment and pursuant to Regulation 30(5) of the SEBI Listing Regulations, following are the contact details of Key Managerial Personnel of the Bank, who have been severally authorized for the purpose of determining materiality of events and information as per the Bank’s Policy on Determination of Materiality of Events/ Information and to make necessary disclosures to the Stock Exchanges:

 

Sr. 

No 

    Name of the KMP   Designation of the KMP   Contact Details
  1.     Mr. Anup Bagchi   Managing Director and Chief Executive Officer   Telephone: 022 6631 6000

 

 

Email id -
shareholder.grievances@hdfc.bank.in

  2.     Mr. Kaizad Bharucha   Deputy Managing Director
  3.     Mr. V. Srinivasa Rangan   Executive Director
  4.     Mr. Srinivasan Vaidyanathan   Chief Financial Officer
  5.     Mr. Ajay Agarwal   Company Secretary

This is for your information and appropriate dissemination.

Yours faithfully,

For HDFC Bank Limited

Sd/-

Ajay Agarwal

Company Secretary

Group Head – Secretarial & Group Oversight

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