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RBI puts key board appointments for HDFC Bank on hold

Updated : April 09, 2020 11:24 AM IST

RBI has now returned these key appointment proposals to the bank, asking it to review them and send them only after a new MD and CEO takes over in October later this year. 
An insider says this move by the Reserve Bank of India may put the bank in a tough spot if it looks to elevate either Zaveri or Jagdishan to the CEO position.

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