HDFC Bank appoints former CEC Rajiv Kumar as chairman
HDFC Bank appointed former Chief Election Commissioner Rajiv Kumar as part-time Chairman for three years, following the resignation of Atanu Chakraborty on March 18. Kumar, a 1984-batch ex-IAS officer and former Finance Secretary, will also serve as Additional Director (Independent) until June 30, 2026. His appointment comes after a review by law firms found no basis for Chakraborty's claims regarding the bank's practices.