aditya puri

While financial markets reacted with shock to the resignation of HDFC part-time chairman Atanu Chakraborty, some insiders said issues had been building for a while.

HDFC Bank MD and CEO aditya puri has said Indian GDP will recover "very fast" and pointed out that it is essential to get the growth rate back to the pre-COVID levels.

The HDFC Bank board has constituted a six-member sub-committee to identify a successor to aditya puri, the current MD of the lender, whose term ends on October 26, 2020.

ICICI Bank on Monday thanked larger rival HDFC Bank's chief executive aditya puri for being an inspiration and his contribution to the Indian banking industry on the day of his retirement.

HDFC Bank on Thursday said it has formed a six-member committee to find a successor to managing director aditya puri who is set to retire in October next year. India's largest private sector lender HDFC Bank is on a global search to find a successor to the founding-chief executive aditya puri, as he would turn 70 next year.

Noted banker aditya puri has advised his peers to clearly separate personal friendships from banking and cited how his bank turned down a loan request from the now-fugitive businessman Vijay Mallya.

HDFC Bank managing director and CEO aditya puri says that the companies and banks are back on track in January with a revival in demand. While he admits that the bank lost business, its overall impact will not be significant.

HDFC Bank managing director aditya puri has featured in the list of 30 best CEOs, published by America's financial magazine Barron's.

Having cut its deposit offering by up to 0.50 per cent, the country's second-largest private sector lender HDFC Bank will be cutting its lending rate by March, a top official said on Friday.

HDFC Bank chief aditya puri on Thursday left everybody guessing about his future plans after retirement, saying he wants to be involved in "digital transformations", among other areas.

Edelweiss Financial Services announced that The Carlyle Group will become the strategic majority investor in its housing finance subsidiary, Nido Home Finance. Carlyle-affiliated funds are committing Rs 2,100 crore, including a Rs 1,500 crore primary equity infusion, to strengthen Nido's capital and governance for affordable housing expansion.

There is "unnecessary negativism" surrounding the Indian economy and the government needs to be given chance to carry out its work as recovery is underway, senior banker aditya puri has said.

HDFC Bank chief aditya puri said that authorities had no choice but to allow forbearance on loans and to provide a fiscal stimulus given the current situation.

HDFC Bank may have to finalise potential successors for aditya puri by June 2020. In revised guidelines, the RBI has said that proposals for the appointment of a new MD & CEO of a bank should contain a panel of at least two names in the order of preference and should be submitted at least four months before the expiry of the term of office of the present incumbent.

As online retailers gear up for mega sales over the next few weeks, HDFC Bank - which accounts for 40% of e-commerce transactions nationally - is preparing for a festival bonanza of its own.

An eight-member jury, chaired by Stephen Schwarzman, chairman, CEO & co-founder of Blackstone Group, announced the winners of the Economic Times Awards for Corporate Excellence 2010.

aditya puri, MD of HDFC Bank — the country’s second largest private bank — by his own admission is a big picture man. At a time when most honchos outside of the defensive sectors continue to be moderately pessimistic about the economy, he feels the business cycle is changing and projects an economic growth of around 7.5% within the next 18 months.

aditya puri on Wednesday termed the demonetisation as a "necessity" which will benefit the economy in the long run by way of rate cuts, stopping counterfeiting and broadening the tax base.

HDFC Bank managing director aditya puri today said the idea of taxing the super-rich could prove counterproductive and lead to evasions.

aditya puri, managing director, HDFC Bank, is credited to have built from scratch one of the most trusted banks in the country. But behind the practical banker lies a family man, who believes in work-life balance. In an hour-long chat with Partha Sinha & Shubham Mukherjee, frequently interspersed with one liners in his trademark Hindi, Puri, an ex Citi-banker, poured his heart out about inclusion, his ideas about bringing the Bharat and the India closer, usage of technology to shrink geographies in banking and also being tough with habitual defaulters. Excerpts

New Delhi, Jun 21 () HDFC Bank's Managing Director aditya puri saw his remuneration rise marginally to Rs 10 crore and exercised stock options worth over Rs 57 crore during the last fiscal. His remuneration was Rs 9.73 crore in 2015-16. Out of the total remuneration of Rs 10.

The Reserve Bank of India has cleared the appointment of Sashidhar Jagdishan as MD & CEO of HDFC Bank. He will succeed aditya puri, who retires in October this year. Jagdishan (55), who has been with the bank since 1996, is a group head for several functions and was appointed “change agent” in 2019. He was the bank’s chief financial officer for over a decade.

A lot has been achieved in the 26-year old journey of HDFC Bank but the "best is yet to come", the lender's outgoing managing director aditya puri said. Puri expressed satisfaction that he was passing on the baton to Sashidhar Jagdishan, who is the "worthiest person" to lead the bank.

HDFC Bank chief aditya puri took home a total remuneration of Rs 18.9 crore as against Rs 13.7 crore last year. During the year, which was last full year as CEO, Puri also exercised options of Rs 161 crore. Puri, who has led HDFC Bank since its inception in 1994, will be stepping down in October this year as he turns 70.