CNBC-TV18 Newsbreak Confirmed: RBI extends Keki Mistry’s tenure as HDFC Bank interim Chairman by 3 months

The country’s second-largest lender, HDFC Bank Ltd, on Thursday (June 18), said the Reserve Bank of India (RBI) has approved the extension of Keki Mistry’s tenure as the bank’s interim Part-time Chairman for a further period of three months, until September 18, 2026, or until the appointment of a regular Part-time Chairman, whichever is earlier.

Earlier, CNBC-TV18 had reported that Keki Mistry may get another 90-day extension.

The bank said the RBI granted the approval through a communication dated June 18, 2026, following an application submitted by HDFC Bank.

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Separately, the Board of Directors, at its meeting held on June 18, 2026, approved convening the bank’s 32nd Annual General Meeting (AGM) on Wednesday, August 5, 2026, at 2:00 p.m. IST through two-way video conferencing. HDFC Bank also said the dividend payment date will be on or after Thursday, August 6, 2026, subject to shareholders’ approval at the AGM.

Keki Mistry, who began his career in 1975, is a Chartered Accountant and a Fellow Member of the Institute of Chartered Accountants of India. He joined HDFC in 1981 and has over four decades of experience across the banking and financial services sectors.

He is currently serving as a Director on the Board of HDFC Bank Ltd, HDFC Life Insurance Company Ltd, HDFC ERGO General Insurance Company Ltd, HDFC Capital Advisors Ltd, Tata Consultancy Services Ltd, The Great Eastern Shipping Company Ltd and Flipkart Pvt Ltd (Singapore).

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Shares of HDFC Bank Ltd ended at ₹798.55, up by ₹11.75, or 1.49%, on the BSE.