14/09/2026
HDFC Bank has sent the names of Anup Bagchi, MD & CEO of ICICI Prudential Life Insurance, and Kaizad Bharucha, Deputy MD of HDFC Bank, to the Reserve Bank of India for approval for the lender's top job, people familiar with the matter said.
The RBI is expected to take a call on the appointment in the next 7–10 days, with Bharucha representing the internal candidate and Bagchi the external choice.