HDFC Bank shares rise after Bagchi appointment and Q2 update
pre-market1 source ↓machine-written, see hownot a recommendation
- in early trade
- 2%
- effective
- 27 Oct 2026
- YoY
- 14%
- YoY
- 16.8%
HDFC Bank shares rose nearly 2% in early trade following the Reserve Bank of India's approval of Anup Bagchi as Managing Director and CEO, effective 27 Oct 2026. The bank reported average advances of ₹31,87,200 cr, up 14% YoY, and average deposits of ₹31,66,500 cr, growing 16.8% YoY. This managerial change and strong business growth may boost investor confidence.
Not investment advice. For informational purposes only.