The Reserve Bank of India (RBI) has approved the appointment of former Economic Affairs Secretary, Atanu Chakraborty, as the part-time chairman and additional independent director of the private sector lender HDFC Bank. He retired as Secretary of the Department of Economic Affairs in April 2020. Prior to that, he served as Secretary of the Department of Investment and Public Asset Management (DIPAM).
Chakraborty, a 1985 batch IAS officer of Gujarat cadre, has been appointed for a period of three years with effect from May 5, 2021 or the date of his taking charge, whichever is later.
Important takeaways for all competitive exams:
- Headquarters of HDFC Bank: Mumbai, Maharashtra.
- MD and CEO of HDFC Bank: Sashidhar Jagdishan(Succeeds Aditya Puri).
- The tagline of HDFC Bank: We understand your world.