HDFC Bank appoints V.N. Srivatsan as Chief Compliance Officer for three-year term
HDFC Bank convened.
30 Sept 2026 · Business Today Mkts, LiveMint Companies
The appointment was approved by the bank’s board at its meeting on Wednesday, following recommendations from the Audit Committee and the Governance, Nomination and Remuneration Committee. Srivatsan’s three-year term will begin from his date of joining, HDFC Bank said.
The analysis
Against that, the stock is -1.2% on the day at ₹702.80, and has returned -15.3% over three months. It sits 30% below its 52-week high, which means a good deal of bad news was already in the price. The banks sector has moved -4.0% over the same period, so HDFC Bank is running 11.3 points behind its peers.
For HDFC Bank, the question is how much of this is already reflected in the price and how much re-rates the banks peer set alongside it.
Market context
- The company directly in focus is HDFCBANK.
- Sector exposure: Banks.
In this story
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