HDFC Bank Shares Rise on CEO Succession Progress

HDFC Bank shares rose after the lender submitted two CEO candidates to the Reserve Bank of India. The bank seeks to replace Sashidhar Jagdishan before his term ends in October.

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FILE PHOTO: HDFC Bank's logo is seen in this illustration taken June 19, 2025. REUTERS/Dado Ruvic/Illustration/File Photo

HDFC Bank Limited shares rose 2.94% during Tuesday morning trading in India after submitting two CEO candidates to regulators. The advance marked the lender's largest intraday percentage gain since May 6.

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