HDFC Bank board recommends redesignation of Kaizad Bharucha as Deputy Managing Director

The Board of Directors of HDFC Bank has recommended to the Reserve Bank of India the redesignation of Kaizad Bharucha as Deputy Managing Director and the elevation of Bhavesh Zaveri as Executive Director for three years.

Currently, Bharucha is Executive Director (Whole-time Director) and Zaveri Group is Head – Operations, Cash Management & ATM Product of HDFC Bank.