On 28 November 2019, the bank had set up a six-member panel to find a successor to Puri who turns 70 on 26 October 2020.
Political, regulatory pressure on corporate governance impacting risk taking by firms: HDFC CEO Keki Mistry
Company boards are operating under increased "political and regulatory" pressure to improve their governance standards, and the resultant risk averseness is a prime reason for the growth slowdown, HDFC's Chief Executive Keki Mistry said on Wednesday
HDFC Bank on Thursday said it has formed a six-member committee to find a successor to Managing Director Aditya Puri who is set to retire in October next year
Budget 2019: HDFC vice-chairman and chief executive Keki Mistry calls for lower taxes to end black money
There is a need to bring down the tax rates from the current high levels as it will help in improving revenue collection and reduce black money generation, according to HDFC vice-chairman and chief executive Keki Mistry
Rural economy to get a big boost due to elections; reforms over past decade will lead to positive outcomes, say Keki Mistry
Besides HDFC Ltd, 64-year-old Mistry is also on the board of four other group firms—HDFC Bank, HDFC Asset Management Company Ltd, HDFC Standard Life Insurance Company Ltd and Gruh Finance Ltd.
TCS appoints Keki M Mistry and former CEO of Dutch company as new independent directors for five years
India's largest IT services firm Tata Consultancy Services (TCS) on Wednesday said it has appointed Hanne Birgitte Breinbjerg Sorensen and Keki M Mistry as additional and independent directors of the company for five years.
HDFC net profit rises 25% to Rs 2,467 cr in Q2 on IPO income boosts; total revenue grows 25% to Rs 11,257 cr
The consolidated figures were not provided by HDFC
Monetary Policy: RBI likely to raise repo rates by 25 basis points at Friday's review, say bankers; inflation expected to accelerate
The monetary policy committee will start its three-day meeting from 3 October to decide on the fourth bi-monthly monetary policy. After two successive hikes, the repo rate currently stands at 6.50 percent.
HDFC CEO Keki Mistry urges RBI to open separate liquidity window for mutual funds to meet redemption pressures
RBI had during the 2008 global financial crisis provided a special window for mutual funds (MFs) which were facing redemption pressures, to access funds
HDFC, along with its wholly-owned subsidiaries, currently holds 21.01 percent in HDFC Bank.
India Inc salary mismatch: Private CEOs get up to 1,200 times more than staff, PSU chiefs just 3-4 times
TCS saw the ratio between top-paid executive pay and the median employee remuneration rise to 515 times (from 460 times in previous year), while the same for Lupin stood at 1,263 times (though down from 1,317 times) for Chairman.
Consolidated profit growth is low despite on a standalone basis the company reported 18 percent growth in profit and all the subsidiaries reported a healthy numbers.
For the fiscal year 2014-15, consolidated net profit stood at Rs 8,763 crore as against Rs 7,948 crore in 2013-14
HDFC said its loan book grew about 14 percent to Rs 2,20,000 at the end of December 2014 and its non-performing loans fell to 0.69 percent of the loan portfolio compared with 0.77 percent a year earlier.
Top private sector lender HDFC Bank has said a merger with parent HDFC makes sense in long-run, but there is no proposal on the table and regulatory clarity is required to make such a deal "more beneficial".
Housing Development and Finance Corporation, the country's largest mortgage lender, has increased its home loan rates by 10 basis points from 1 December, media reports said today.<br /><br />
Housing finance company HDFC 's second quarter earnings matched expectations with the standalone net profit rising 10 percent year-on-year to Rs 1,266.33 crore from Rs 1151 crore.<br /><br />
The HDFC CEO says he is confident fiscal deficit target will be met in Budget 2013, but he hopes the FM expands the tax net instead of raising taxes