HDFC Bank has sent the names of Anup Bagchi, MD & CEO of ICICI Prudential Life Insurance, and Kaizad Bharucha, Deputy MD of HDFC Bank, to the Reserve Bank of India for approval for the lender’s top job, people familiar with the matter said. Bharucha has been with the HDFC group since 1995, while Bagchi, on the other hand, brings a 3 decade career across banking and financial services. An ICICI Group veteran, he has worked with ICICI Securities. He took charge as MD & CEO of ICICI Prudential Life Insurance in 2023. The choice between Bharucha and Bagchi represents a decision between internal continuity and a fresh external perspective at a critical juncture for India’s largest private-sector lender. Post navigation ‘Judiciary cannot remain beyond scrutiny’:CJI says criticism needed for accountability, not every complaint against judges can be put on website
