HDFC Bank’s interim part-time chairman Keki Mistry continues in the role after the Reserve Bank of India (RBI) approves a three-month extension, with multiple reports citing an approval period until September 18, 2026. The extension is intended to provide leadership continuity while the bank proceeds with the process to identify and recommend a permanent chairman to the RBI. Bloomberg and other outlets link the renewed tenure to governance-related questions that emerged after the prior chairman’s abrupt resignation, which had prompted scrutiny of the bank’s governance practices. HDFC Bank’s announcements indicate the RBI approval follows an application made after Mistry’s interim appointment, and the extension runs until the appointment of a regular part-time chairman, whichever comes earlier.
Some reports also say the bank is nearing the final stages of selecting a permanent chair and is expected to submit a recommendation to the RBI within the next couple of weeks. NDTV also reports that sources say Mistry is not keen to continue permanently. Separately, one outlet notes HDFC Bank schedules its Annual General Meeting for August 5 and proposes a dividend, both contingent on shareholder approval.
