HDFC Bank ADRs jump over 5% after Anup Bagchi appointed as MD & CEO for three years

Mint has reported a new India-focused economy development: “HDFC Bank ADRs jump over 5% after Anup Bagchi appointed as MD & CEO for three years.” The publisher's feed describes the story as follows: HDFC Bank's ADRs rose 5.4% following the appointment of Anup Bagchi as MD and CEO, effective October 27, 2026. The RBI approved his appointment, succeeding Sashidhar Jagdishan, who will not seek a third term. Bagchi previously led ICICI Prudential Life Insurance. Intellectual Janata Party includes
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