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RBI clears HDFC Bank (NYSE: HDB) reappointment of Deputy MD Bharucha

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
6-K

Rhea-AI Filing Summary

HDFC Bank Limited has received approval from the Reserve Bank of India for leadership continuity at the top management level. The RBI, following a recommendation by the bank’s Governance, Nomination and Remuneration Committee and its Board of Directors, approved the re-appointment of Mr. Kaizad Bharucha as Whole-time Director and Deputy Managing Director of the bank for a further term of three years, effective April 19, 2026. This regulatory approval confirms that he can continue in his executive role, supporting stability in the bank’s senior management team.

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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 January 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: January 20, 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

Approval from the Reserve Bank of India (RBI) for re-appointment of Mr. Kaizad Bharucha as the Deputy Managing Director of HDFC Bank Limited (“Bank”)

 

Exhibit 99

January 20, 2026

New York Stock Exchange

11, Wall Street,

New York,

NY 10005

USA

Dear Sir,

 

Sub:

Approval from the Reserve Bank of India (RBI) for re-appointment of Mr. Kaizad Bharucha as the Deputy Managing Director of HDFC Bank Limited (“Bank”)

In continuation of our intimation dated October 30, 2025, we wish to inform you that pursuant to an application which was made by the Bank to the Reserve Bank of India (“RBI”) upon recommendation of the Bank’s Governance, Nomination and Remuneration Committee and Board of Directors in this regard, the RBI vide its communication dated January 20, 2026, has given approval for the re-appointment of Mr. Kaizad Bharucha (DIN: 02490648) as the Whole-time Director (Deputy Managing Director) of the Bank for a further period of 3 (three) years w.e.f. April 19, 2026.

This is for your information and appropriate dissemination.

Yours faithfully,

For HDFC Bank Limited

Sd/-

Ajay Agarwal

Company Secretary

Group Head – Secretarial & Group Oversight

FAQ

What did HDFC Bank (HDB) disclose in this Form 6-K filing?

HDFC Bank disclosed that the Reserve Bank of India has approved the re-appointment of Mr. Kaizad Bharucha as Whole-time Director (Deputy Managing Director) of the bank for an additional three-year term starting April 19, 2026.

Who is being reappointed at HDFC Bank (HDB) and to what role?

The filing states that Mr. Kaizad Bharucha is being reappointed as a Whole-time Director and Deputy Managing Director of HDFC Bank Limited.

What is the tenure of Kaizad Bharucha’s new term at HDFC Bank (HDB)?

According to the disclosure, Mr. Kaizad Bharucha’s re-appointment as Deputy Managing Director is for a further period of three years with effect from April 19, 2026.

Which regulator approved the reappointment of HDFC Bank’s Deputy Managing Director?

The Reserve Bank of India (RBI) approved the re-appointment of Mr. Kaizad Bharucha as Whole-time Director (Deputy Managing Director) of HDFC Bank Limited.

How was the reappointment of Kaizad Bharucha at HDFC Bank (HDB) initiated?

The filing explains that HDFC Bank applied to the RBI for his re-appointment after recommendations from the bank’s Governance, Nomination and Remuneration Committee and its Board of Directors.

When did HDFC Bank (HDB) receive RBI approval for the reappointment?

The document notes that the RBI communicated its approval by a letter dated January 20, 2026.
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