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The Reserve Bank of India has approved ICICI veteran Anup Bagchi to lead HDFC Bank. The appointment concludes a highly scrutinised CEO succession process for India's largest private lender.
Kotak Mahindra Bank MD and CEO Ashok Vaswani will step down after his three-year term ends on December 31, 2026, having decided not to seek reappointment. The bank's board has begun the process of finding his successor.
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