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Business

RBI Extends Keki Mistry’s Tenure as HDFC Bank’s Interim Chairman

Indian Community Editorial TeamBy Indian Community Editorial TeamJune 18, 20261 Min ReadNo Comments Add us to Google Preferred Sources
RBI Extends Keki Mistry’s Tenure as HDFC Bank’s Interim Chairman
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The Reserve Bank of India (RBI) has approved the extension of Keki Mistry as interim part-time chairman of HDFC Bank for an additional three months. HDFC Bank confirmed that the RBI granted this extension until September 18, 2026, or until the appointment of a regular part-time chairman, whichever comes first.

In addition to the extension, HDFC Bank’s board of directors has scheduled the bank’s 32nd Annual General Meeting (AGM) for August 5, 2026. The AGM will be conducted via two-way video conferencing starting at 2 p.m. IST.

Furthermore, HDFC Bank announced that the dividend payment date for shareholders is set for on or after August 6, 2026, pending shareholder approval at the AGM. The bank has proposed a dividend of Rs 13 per equity share of Re 1 each for the financial year ending March 31, 2026.

Keki Mistry assumed the role of interim part-time chairman in March 2026 after the resignation of former chairman Atanu Chakraborty. His appointment was a temporary measure to ensure smooth governance while the board sought a permanent successor.

AGM Annual General Meeting Atanu Chakraborty HDFC Bank Keki Mistry RBI Reserve Bank of India
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Indian Community Editorial Team

The Indian Community Editorial Team curates, verifies, and publishes stories that matter to Indians worldwide. From culture and community to business and innovation, our mission is to spotlight voices, ideas, and events that bring our global community closer together. Have news or a story to share? Submit it to us at [email protected].

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