The Last Original Standing: Kaizad Bharucha’s Three-Decade Run Inside India’s Largest Private Bank
HDFC Bank is in focus with December 31 in focus.
· NDTV Profit
Kaizad Bharucha has sought cessation from HDFC Bank with effect from December 31, 2026, ending a tenure that began in October 1995. The Deputy Managing Director has been among the lender’s most experienced senior executives.
Key facts
- Dates in focus
- December 31
The analysis
Against that, the stock is +0.3% on the day at ₹728.85, and has returned -9.8% over three months. It sits 28% below its 52-week high, which means a good deal of bad news was already in the price. The banks sector has moved -3.1% over the same period, so HDFC Bank is running 6.7 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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