RBI Approves Rajiv Kumar as Part-Time Chairman of HDFC Bank

16 July 2026National

The Reserve Bank of India (RBI) approved the appointment of Rajiv Kumar as the part-time chairman of HDFC Bank for a period of three years, effective 15 July 2026. Earlier in July 2026, the RBI appointed Ravi Shankar as an Executive Director (effective 1 July 2026) to head the Department of Statistics and Information Management (DSIM).

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RBI established: 1 April 1935 | HQ: Mumbai | RBI Governor (2026): Sanjay Malhotra (26th Governor) | HDFC Bank is India largest private-sector bank | RBI nationalised: 1949

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RBI approved Rajiv Kumar as HDFC Bank part-time chairman for three years, effective 15 July 2026.

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