HDFC Bank Extends Keki Mistry’s Tenure as Interim Chairman by 3 Months

Reserve Bank of India (RBI) has approved to to extend the tenure of the Keki Mistry as interim part-time chairman of the HDFC Bank for additional three months period. This extension comes after bank still searching for a a permanent chairman after the unexpected resignation of former chairman Atanu Chakraborty earlier this year. With this approval Mistry will continue his role until 18th of September, 2026.

RBI Approves Extension of Keki Mistry’s Tenure

HDFC Bank has informed stock exchanges that the RBI has approved the extension of the Keki Mistry’s tenure as interim part-time chairman.

According to the bank’s regulatory filing, this extension will remain effective until September 18, 2026, or until the appointment of any regular chairman whichever comes earlier.

This approval follows the formal application which is submitted by the HDFC Bank to the central bank seeking continuity in the leadership.

Who Is Keki Mistry?

Keki Mistry is India’s one of the most respected financial sector leaders and he is widely recognized for his long association with the HDFC Group.

Over the period of years, he has held the several key leadership positions and has played an important role in the growth and development of the housing finance and financial services in India.

His appointment has provided the stability and continuity at a critical time for the bank.

Why Was Mistry Appointed Interim Chairman?

Keki Mistry was appointed interim part-time chairman with effect from the March 19, 2026.

His appointment came shortly after the Atanu Chakraborty has stepped down from the position on 18th March 2026.

Initially, the RBI has approved his appointment for the three-month period, which was scheduled to end on June 19, 2026.

With the process of to identifying a long-term successor still underway, the bank sought an extension to avoid any leadership vacuum at the board level.