HDFC Bank shareholders approved Anup Bagchi's appointment as Managing Director and Chief Executive Officer. The resolution passed with 98.65% of votes. Voting concluded on November 6, 2026.
The shareholder vote marks the final step in the bank's leadership transition. The Reserve Bank of India previously approved Bagchi's three-year term on October 1. He officially took charge on October 27, succeeding Sashidhar Jagdishan. The strong shareholder approval solidifies his position.