HDFC Bank Share Price in Focus; Anup Bagchi Takes Over as MD & CEO from October 27, 2026

HDFC Bank announced on October 27, 2026, that Anup Bagchi had assumed charge as its Managing Director and Chief Executive Officer (MD & CEO), effective the same day. The change was disclosed in a regulatory filing to the exchanges. 

Sashidhar Jagdishan vacated the position on October 26, 2026, following the completion of his tenure. Bagchi’s appointment marks the formal change at the bank’s top executive position. 

Bank Records Jagdishan’s Contribution 

In its filing, HDFC Bank acknowledged Jagdishan’s contribution during his tenure, particularly in relation to the bank’s performance, organisational culture, and customer-centric approach. 

The bank also noted his role in completing one of the largest mergers in corporate India. It expressed its appreciation for his service and association with the institution over several decades. 

Details of the Regulatory Filing 

HDFC Bank stated that the required details concerning Bagchi and Jagdishan had been submitted earlier, in an intimation dated October 1, 2026. The latest filing confirmed the effective date of the leadership change. 

Key Managerial Personnel 

Alongside the appointment, the bank updated the list of key managerial personnel authorised to determine the materiality of events and information and make the necessary disclosures to stock exchanges. 

The list includes Anup Bagchi as MD & CEO, Kaizad Bharucha as Deputy Managing Director, V. Srinivasa Rangan as Executive Director, Srinivasan Vaidyanathan as Chief Financial Officer and Ajay Agarwal as Company Secretary. 

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HDFC Bank Share Price Performance  

As of October 27, 2026, 11:25 am, HDFC Bank share price was trading at ₹686.85, a 0.17% decrease from the previous closing price. 

Conclusion 

Anup Bagchi assumed charge as HDFC Bank’s MD & CEO on October 27, 2026, after Sashidhar Jagdishan’s tenure ended on October 26, 2026. The bank’s filing also confirmed the updated list of personnel responsible for regulatory disclosures. 

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