HDFC Bank Reset: Rajiv Kumar Board Sets Stage For Wider Shake-Up
HDFC Bank is in focus.
· NDTV Profit
HDFC Bank's reset began taking shape in July, when former bureaucrat Rajiv Kumar took over as chairman. Kumar brings significant banking-sector experience to the role, having spent close to three years as Secretary, Department of Financial Services.
The analysis
Against that, the stock is -1.5% on the day at ₹692.20, and has returned -14.6% over three months. It sits 31% below its 52-week high, which means a good deal of bad news was already in the price. The banks sector has moved -1.7% over the same period, so HDFC Bank is running 12.9 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
Related coverage
Anup Bagchi vs Sashidhar Jagdishan: How HDFC Bank’s incoming CEO pay compares with his predecessor
Banks vs NBFCs: Which stocks could benefit as RBI set to hike rates for the first time in 3 years?
Gold extends slide to ₹1.48 lakh per 10 gm in Delhi amid weak demand
FMCG Q2FY27 preview: 6 stocks HDFC Sec likes; Honasa, Nestlé, Emami, Bikaji, Britannia, Godrej Consumer - check targets
RBI MPC meeting October 2026: Why HDFC Bank, ICICI Lombard, Coal India, TCS likely to gain if bank announces rate hike?