Published 5 hours ago • loading... • Updated 49 minutes ago
HDFC Bank Weighing Deputy MD Bharucha, Outsider For CEO: Report
Summary by Deccan Chronicle
16 Articles
16 Articles
Jefferies cuts HDFC Bank share price target but retains Buy after CEO opts out of new term. Here’s why
Jefferies retained its Buy rating on HDFC Bank but cut the target price to Rs 880 from Rs 1,050 following CEO Sashidhar Jagdishan’s decision not to seek reappointment. The brokerage flagged near-term risks to deposit mobilisation and fee income but said valuations remain undemanding.
Former State Bank of India Chairman Dinesh Khara is going to enter HDFC Bank. Discussions are intense about his name as the successor of Shashidhar Jagdishan.
India's HDFC Bank weighing deputy MD Bharucha, outsider for CEO, sources say
HDFC Bank is likely to name Deputy Managing Director Kaizad Bharucha as one of two options for its next CEO after incumbent Sashidhar Jagdishan retires at the end of his second term in October, two people familiar with the matter said.
Coverage Details
Total News Sources16
Leaning Left0Leaning Right4Center3Last Updated57% Right
Bias Distribution
- 57% of the sources lean Right
57% Right
C 43%
R 57%
Factuality
To view factuality data please Upgrade to Premium















