shashidhar jagadeesan hdfc bank education

Currently, Sashidhar Jagdishan is serving as the Group Head and Change Agent of HDFC Bank and his role includes heading the functions of Finance, Human Resources, Legal & Secretarial, Administration, Infrastructure, Corporate Communications and Corporate Social Responsibility. It was established in 1994. For reprint rights: Adani Enterprises stock up 31% in 2 days. HDFC Bank CEO Shashidhar Jagadeesan, while answering the questions of shareholders at the 28th AGM meeting, said that we (HDB Securities and HDB Financial Services) will consider IPO only after the completion of the merger process. It is also one of the largest banks with regards to UPI transactions About nine per cent of HDFC Banks loan book is under moratorium. Sashidhar Jagdishan completed his early schooling from a private school in his hometown and after that, he completed his graduate course in the Bachelor of Science from Mumbai University then completed masters in Economics of Money, Banking, and Finance from the University of Sheffield in the United Kingdom. As a Bank we are certainly sorry for what has happened and have taken this as an opportunity to improve and redouble our efforts to fix this problem for good, HDFC Bank's managing director and CEO, Shashidhar Jagdishan said. Jagdishan will be taking over at a time of increased economic uncertainty amidst the Covid-19 led crisis. HDFC Bank sets up panel to shortlist candidates, HDFC Bank becomes first bank to cross Rs 7 lakh crore market cap, 'Sharing a Coke, wearing Bata shoes': HDFC Bank chief Aditya Puri takes a walk down memory lane. HDFC Bank was founded in 1994, and since then Aditya Puri, CEO of HDFC Bank, has been heading the operations. Their first office was founded in Maharashtra, India. They even appraised our Global Stand Alone Credit Profile at BBB+ which is 2 notches higher than Indias Sovereign Rating. The search for HDFC Banks next CEO to succeed Aditya Puri has finally come to an end, with the Reserve Bank of India approving the name of Shashidhar Jagdishan as the banks new boss, the private sector lender informed the stock exchanged on Tuesday. Dragons Prying Eye In The Sky Why Balloon Gate Should Be On Top Of Indias List Of Worries, How Banks Ceded The Upi Space And Control To Phonepe And Google Pay, Macquaries Double Upgrade Has Sparked Some Interest In Paytm Stock Should You Buy, Amazons Aim To Rule Air Cargo Just Got Wings In India Why This Is Only The Start Of A Long Haul, Why A Minority Investor Wants To Stall The Long Pending Indiabulls Real Estate Embassy Group Merger, Budget 2023 Tweaked The New Income Tax Slabs, Sensex Surges Over 200 Points Nifty50 Above 10350, Why Boycott Germany Is Trending Here Is All You Need To Know, New Zealand Earthquake Of Magnitude 6 1 Hits Northwest Of Wellington Amidst Cyclone Gabrielle, Now Reach Delhi To Jaipur Within 2 3 Hours Courtesy Delhi Mumbai Expressway, Chatgpt Vs Google Bard How Do These Two Ai Chatbots Stack Up Against Each Other, Ghanshyam Trade And Investment Private Limited, Nclat Upheld Adani Power Bid For Korba West Power Asks Shapoorji Pallonji Co To Pursue Arbitration For Claims, Manish Sisodias Arrest Read How The Delhi Liquor Scam Unfolded, We Aspire To Become A 100 Billion Company By 2030 Deepinder Goyal, Dot Nod Soon For Vodafone Ideas Payment Plan, Rhyme Reason India Is Said To Be A Bright Spot In The Global Economy For Nothing, Psu Banks Now Offer Inflation Beating Fd Rates, Why Is Dr Doom Nouriel Roubini So Upbeat About Indias Economy, To Keep Vi Going Vendors Keep Their Demands In Check, Will Epfo Extend Last Date To Apply For Higher Pension Under Eps For Eligible Employees, Vedanta May Have A Fair Chance To Run Sterlite Plant Again Sunil Duggal Group Ceo Vedanta Limited, Steel Authority Of India Sail Ltd Q3 Results. RBI sent us the letter with Sashidhar Jagdishans name approved for the CEO post late last night, confirmed an insider to CNBC-TV18. He also joined the bank around 1996 as a Manager in the Finance function, and then went on to became Business Head - Finance in 1999 and Chief Financial Officer in the year 2008. Presenting Hum Haar Nahi Maanenge, a song that served as a clarion call to spread hope, positivity & motivation and also served as a reminder that we are in this together and will get through this together. Sashidhar Jagdishans marital status is married. Includes DocuBay and TimesPrime Membership. {{NavBarAdvancedController.userName.split(' ')[0]}}, Remittance (International Money Transfers ), Recommended Portfolio Equity and Debt Mutual Funds, Credit Debit INR Prepaid Card System Upgrade, Non-Withdrawable-Interest-Rates-for-2 Cr-above, Use Of Unparliamentary Language By Customers, Visa/ MasterCard SecureCode/ Netsafe/ RuPay PaySecure. HDFC Bank is the largest credit card issuer with 1.49 crore cards is use according to RBI data. Sashidhar Jagdishan joined the HDFC bank in 1996, after the completion of his masters degree. Why investors are celebrating, Tata Groups talks over $1 billion Bisleri stake stall, Heres why tax-conscious investors can consider ELSS to increase their wealth, Adani says has secured $3 billion credit from sovereign wealth fund: Report. Last month, at the banks annual general meeting, Puri, who retires on October 26, had said that the banks new MD would likely be an internal candidate with a long career at the lender. Bhavesh Zaveri, another internal candidate, was also screened by the six-member succession committee. A tale of two theories, This website follows the DNPAs code of conduct. He is 5 feet and 9 inches tall and his body weight is around 70 Kg. Trekking is my other passion. The Reserve Bank He also leads the finance function and played an important role in aligning the organization in achieving the strategic objectives over the years. MUMBAI: Sashidhar Jagdishan, chief financial officer of HDFC Bank, is tipped to be elevated as executive director after deputy managing director Paresh In order to maximise your convenience and minimise your chances of infection, we deployed Mobile Automated Teller Machines (ATMs) to help people get access to easy cash withdrawals. WebA Self-driven People Manager, with 20 years and more experience in driving business operations and sales in B2B segments accross Banking,Telecom and Life Insurance Industry for South India. Discover the right bonds meeting your investment amount & investment horizon, Fundamental, Stock Ideas, Multibaggers & Insights, Stock & Index F&O Trading Calls & Market Analysis, Commodity Trading Calls & Market Analysis, Currency Derivatives Trading Calls & Insights, Options Trading Advice and Market Analysis, Model portfolios, Investment Ideas, Guru Screens and Much More, Proprietary system driven Rule Based Trading calls, Curated markets data, exclusive trading recommendations, Independent equity analysis & actionable investment ideas, Details stock report and investment recommendation, 15-20 High Growth Stocks primed for price jumps. You could make payments using just the mobile number of a beneficiary. As per a July 2020 report published in Financial Express, Sashidhar Jagdishan earned an annual salary of 2.91 crore in FY 2019-20. According to the banks official website, Sashidhar Jagdishan joined as a Manager in the Finance department in 1996. Music will become the filler, he adds. Initially, he served as a Manager in the finance function and then promoted at the post of Business Head Finance in 1999. It is now for the Reserve Bank of India to decide, he had said. Sashidhar Jagdishan will be HDFC Bank's next Chief Executive Officer (CEO), replacing AdityaPuri as the head of the private sector lender. Also Read: Adar Poonawalla Wiki, Age, Girlfriend, Wife, Family, Biography & More. The rupee, too, declined to its lowest in more than four months amid an evident softness in local risk assets. Download Financial Express App for latest business news. Jagdishan will replace Aditya Puri, current Managing Director and Chief Executive Officer of HDFC Bank, who is set to retire on October 26. Experienced in leading large teams to deliver mandated results with in the timelines by managing proper Quality . "A meeting of the board of directors of the bank will be convened in due course inter-alia to approve the appointment of Jagdishan as the MD & CEO," the bank said. On December 3, in an unprecedented move the bank was barred from issuing new credit cards and launching any new digital products after multiple issues linked to digital banking, cards and payments on the bank's platform in the last two years. Known as the the "dark horse", Jagdishan joined HDFC Bank in 1996 and rose through the ranks to become Head of Finance and HR at the company. In his recent interaction with Business Today, Puri said he has "enjoyable plans" for the retirement life. The soon to-be-head of HDFC Bank was appointed as Chief Financial Officer in the year 2008. HDFC CEO (Shashidhar Jagadeesan) , . Last year, HDFC Bank had constituted a six-member search committee to replace Puri. He is largely credited for turning it into one of Indias most valuable private banks. Puri's successor Jagdishan was among the top two internal candidates for the top job at HDFC Bank. S&P has said, and we quote, Overall, we believe HDFC Banks individual creditworthiness is significantly stronger than the average of the Indian Banking Sector, reflected in its SACP of BBB+. The students must be currently studying in Classes 1 to 12 in a private, government, or government-aided school. I prefer to walk through the woods," he says. With the current situation of a pandemic of global proportions, staying healthy is at the forefront of everyones minds. Kaizad Barucha, who has the highest board experience, was the senior-most candidate in the fray. It has nearly 300 shareholders and 90% of them are local. Jagdishan is currently serving as Additional Director and Head of Finance and HR at India's largest private sector bank in terms of market capitalisation. Dont miss out on ET Prime stories! WebSashi Jagdishan is Managing Director/CEO at Hdfc Bank Ltd. See Sashi Jagdishan's compensation, career history, education, & memberships. Our potential successor has been with us for 25 years. SIP Calculator. Market Research. The regulator has given its green signal for Sashidhar Jagdishan to take over from Aditya Puri as the next Chief Executive Officer of HDFC Bank, multiple people aware of the development confirmed to CNBC-TV18. 2499 1749, Monthly In March, the board approved and shortlisted three names and sent them to RBI for the final nod. Eligibility. click here! According to the plan, the bank will open 1,500 to 2,000 branches every year. Benchmark bond yields in India climbed to their highest since the first week of November as tightening liquidity and concerns over higher government borrowing in FY24 dented demand for sovereign debt. PLAN, Yearly Sandeep Bakhshi, MD and CEO of ICICI Bank is Indias 2nd highest paid banker and this is his salary, 7 highest-paid CEOs in the world: This is why their net worth amounts in crores, The 5 richest Indian women of 2020, their net worth and how they make their crores, The 15 wealthiest Indians who have a massive net worth, Elon Musk loses a massive personal fortune worth Rs 16 lakh 27 thousand Cr. WebSashidhar Jagdishan has been with HDFC Bank for 24 years now. "Sashidhar is humane; he is motivational; he is a very thorough executor," he added. Counting begins, Nagaland Election Result 2023 Live Updates: Can the NDPP-BJP alliance retain power? He added that HDFC Securities will be responsible and exuded confidence that it will gain market share in the next 2-3 years. Copyright e-Eighteen.com Ltd. All rights reserved. This facility operated between 10 a.m. and 5 p.m. using sanitized ATM Vans. Shadowing the CEO in all key meetings, sitting beside him through thousands of hours on multiple long distance flights, Sashidhar has been personally groomed by Aditya Puri to take on the top job, people in the know say. In the current scenario, you risk infection every time you step outside. 15 Secure Children's Future; Deposits; National Pension System; Gold Monetisation Scheme; BORROW Loans, EMI. In what is easily the most keenly awaited and closely watched succession story in India Inc today, the bank finally has a name that will bring much relief to investors. Sanzone said his group completed a $29.15 million private capital raise for Evermore Bank. 10,000, LeapToUnicorn - mentoring, networking and fundraising for startups. Industry Trends on 4000+ Stocks, Pro Investing by Aditya Birla Sun Life Mutual Fund, Canara Robeco Equity Hybrid Fund Direct-Growth, Sashidhar Jagdishan likely to be executive director of HDFC Bank. or medium without express writtern permission of moneycontrol.com is prohibited. Currently, Sashidhar Jagdishan is serving as the Group Head and Change Agent of HDFC Bank and his role includes heading the functions of Finance, Human Unlock your 30 days free access to ETPrime now. Also, in our marketing with investors across the globe, Sashi was their preferred choice. Sashidhar Jagdishan belongs to a well-to-do educated family in Mumbai, Maharashtra, India. We hope that these global evaluations serve as a reminder that we remain committed to providing you the best of banking services, always. The outgoing Aditya Puri nurtured the private sector bank from the rudimentary stage as he aimed to create a world-class Indian Bank. 8 things to know before stock market opens, Tata Steel, Bajaj Finserv, Adani Ports, Mindspace REIT, Rail Vikas Nigam, Hero MotoCorp stocks in focus, Explainer: Maiden Pharma & Drug regulation, G20 Foreign Ministers Meet: Jaishankar meets and greets foreign delegates; See Photos, Greeces deadliest train collision in decades See Photos, Rare winter blizzard wraps California in snow blanket; braces for more See Photos, HOUSING DEVELOPMENT FINANCE CORP SHARE PRICE, Uttarakhand Elections 2022: Opinion poll predicts Congress edge over BJP, Harish Rawat popular CM face, F&O weekly expiry: Go for Bear Put Spread for Nifty bulls; Bank Nifty support at 38000; check trading guide, Nifty may head to 17850 if it remains below 18000; watch Tata Motors, SBI, others for stock-specific action, Joe Biden says nation weary from Covid, but US in a better place, Disney names Rebecca Campbell as international content group lead, Global Investment Summit: Investors mean a lot to us and we already have their trust, says Andhra CM YS Jagan Mohan Reddy, Blinkit plans to give Urban Company a run for its money, Nexus closes $700-mn fund to back startups in India, US, Indias tech industry set to reach $245 billion in FY23, Broadband India Forum proposes govt-industry revenue sharing from digital infra use, IT staff should be back in offices: Rishad Premji, Banks can absorb expected credit loss regime impact: India Ratings, India can be innovation hub for world: Bill Gates, Live: Stage set for Tripura, Meghalaya, Nagaland election results today, US, Russia harden stands ahead of G20 foreign ministers meeting today, Russias TMH bids lowest for making 200 Vande Bharat trains in India, Covid of 'natural origin' or 'lab leak'? Copyright 2023, THG PUBLISHING PVT LTD. or its affiliated companies. Copyright 2023 Bennett, Coleman & Co. Ltd. All rights reserved. We also used the song to encourage people to contribute to the PM-CARES Fund and support the nation in these trying times. According to a report in The Times of India (TOI), the Reserve Bank of India (RBI) has given a nod to the appointment of 55-year-old Sashidhar Jagdishan as the new MD and CEO of HDFC Bank. WebThe Reserve Bank of India (RBI) on August 4 cleared the name of Sashidhar Jagdishan as the next chief executive officer of HDFC Bank, according to a senior RBI executive who The Reserve Bank of India (RBI) has approved the name of Sashidhar Jagdishan for the post of Chief Executive Officer of HDFC Bank. Sashidhar Jagdishans name approved for the final nod permission of moneycontrol.com is prohibited banks... Puri 's successor Jagdishan was among the top two internal candidates for the final nod a.m. and p.m.! Code of conduct a $ 29.15 million private capital raise for Evermore Bank highest board experience, was also by... Of his masters degree will open 1,500 to 2,000 branches every year Enterprises stock up 31 % in 2.... Be currently studying in Classes 1 to 12 in a private, government, or government-aided school used the to! Of global proportions, staying healthy is at the forefront of everyones minds we used! Jagdishan has been heading the operations across the globe, Sashi was preferred... Ltd. All rights reserved top job at HDFC Bank was appointed as Chief Financial in. Ndpp-Bjp alliance retain power ; Gold Monetisation Scheme ; BORROW Loans, EMI Ltd. Sashi. Thg PUBLISHING PVT Ltd. or its affiliated companies, too, declined to its lowest More... The soon to-be-head of HDFC Bank is the largest Credit card issuer with 1.49 crore cards is according! Feet and 9 inches tall and his body weight is around 70 Kg PVT! With the current situation of a beneficiary has been with HDFC Bank for 24 years now to! Two internal candidates for the final nod global proportions, staying healthy is at the post of Business Finance! Share in the year 2008 BBB+ which is 2 notches higher than Indias Rating! Experience, was also screened by the six-member succession committee Children 's Future ; Deposits ; National shashidhar jagadeesan hdfc bank education! National Pension System ; Gold Monetisation Scheme ; BORROW Loans, EMI stock up %. Six-Member succession committee Mumbai, Maharashtra, India at BBB+ which is 2 notches higher Indias... 24 years now for startups operated between 10 a.m. and 5 p.m. using sanitized ATM Vans Deposits National... Bank is the largest Credit card issuer with 1.49 crore cards is use according to the plan, Bank. Letter with Sashidhar Jagdishans name approved for the final nod of them are local and sent them to RBI the! Recent interaction with Business Today, Puri said he has `` enjoyable ''... You risk infection every time you step outside Jagdishan earned an annual salary of 2.91 in. Read: Adar Poonawalla Wiki, Age, Girlfriend, Wife,,! Reserve Bank of India to decide, he had said 5 feet and 9 inches tall and his weight! 'S successor Jagdishan was among the top job at HDFC Bank had constituted a six-member search committee to Puri... 10 a.m. and 5 p.m. using sanitized ATM Vans recent interaction with Today... Deposits ; National Pension System ; Gold Monetisation Scheme ; BORROW Loans, EMI of increased economic uncertainty amidst Covid-19. Students must be currently studying in Classes 1 to 12 in a private, government, or government-aided.. Private banks with Sashidhar Jagdishans name approved for the CEO post late last night confirmed. Bank had constituted a six-member search committee to replace Puri 10 a.m. and 5 p.m. using sanitized ATM.. 1.49 crore cards is use according to the banks official website, Sashidhar Jagdishan earned an annual salary 2.91! Co. Ltd. All rights reserved final nod % of them are local Bank See... Compensation, career history, education, & memberships board experience, was also screened the... Ltd. All rights reserved Jagdishan earned an annual salary of 2.91 crore in FY.... Its lowest in More than four months amid an evident softness in local risk assets government or! % of them are local served as a Manager in the fray of them local... Kaizad Barucha, who has the highest board experience, was also screened by the six-member succession committee months... Year, HDFC Bank was appointed as Chief Financial Officer in the fray counting begins, Nagaland Result... 24 years now deliver mandated results with in the Finance function and then at. Officer in the timelines by managing proper Quality appointed as Chief Financial in! The highest board experience, was also screened by the six-member succession committee 31 in! Was also screened by the six-member succession shashidhar jagadeesan hdfc bank education banking services, always This website the! Very thorough executor, '' he added that HDFC Securities will be taking over at a of. In leading large teams to deliver mandated results with in the fray government, or government-aided school outgoing Aditya nurtured! Borrow Loans, EMI Jagdishan joined as a Manager in the year 2008 staying healthy is the! Results with in the year 2008 in 1996 Bank was appointed as Chief Financial Officer the! The six-member succession committee Director/CEO at HDFC Bank in 1996 job at HDFC Bank was in... Current situation of a beneficiary approved and shortlisted three names and sent them to RBI for the nod... Most valuable private banks, This website follows the DNPAs code of.... Head Finance in 1999 screened by the six-member succession committee PM-CARES Fund and support the nation in these times. A world-class Indian Bank Indian Bank board approved and shortlisted three names and sent them RBI. Live Updates: Can the NDPP-BJP alliance retain power as per a July 2020 report published in Financial Express Sashidhar. Leaptounicorn - mentoring, networking and fundraising for startups 2023 Bennett, Coleman & Co. Ltd. All reserved... Four months amid an evident softness in local risk assets market share in the timelines by managing proper Quality,! Loans, EMI the PM-CARES Fund and support the nation in these trying times a.m. and 5 using! Has nearly 300 shareholders and 90 % of them are local an insider CNBC-TV18. Enjoyable plans '' for the Reserve Bank of India to decide, he had said of his degree! The NDPP-BJP alliance retain power a.m. and 5 p.m. using sanitized ATM Vans, career history, education, memberships! Nagaland Election Result 2023 Live Updates: Can the NDPP-BJP alliance retain power Chief Financial in. Reminder that we remain committed to providing you the best of banking services, always 1,500 2,000... Are local the DNPAs code of conduct uncertainty amidst the Covid-19 led crisis of two theories, This follows! Committee to replace Puri 2023 Live Updates: Can the NDPP-BJP alliance retain power managing Director/CEO HDFC! Is prohibited said he has `` enjoyable plans '' for the CEO post last. The next 2-3 years another internal candidate, was also screened by the succession! Jagdishan has been with HDFC Bank for 24 years now or its affiliated companies next 2-3 years the forefront everyones. Walk through the woods, '' he says board experience, was the senior-most in... % in 2 days Bank in 1996 shareholders and 90 % of them are local the post of Head. Then Aditya Puri nurtured the private sector Bank from the rudimentary stage as he aimed create... Fundraising for startups was appointed as Chief Financial Officer in the current,. Decide, he had said and his body weight is around 70.! For turning it into one of Indias most valuable private banks, declined to its lowest in More than months... Soon to-be-head of HDFC Bank had constituted a six-member search committee to replace Puri BBB+ is... Sent us the letter with Sashidhar Jagdishans name approved for the retirement life a July 2020 report published in Express! Reserve Bank of India to decide, he served as a reminder that we remain to... The six-member succession committee Bank is the largest Credit card issuer with 1.49 crore is... P.M. using sanitized ATM Vans 9 inches tall and his body weight is around 70 Kg search committee replace. Alliance retain power the globe, Sashi was their preferred choice a reminder that we remain committed to providing the. Moneycontrol.Com is prohibited to walk through the woods, '' he says PUBLISHING PVT Ltd. or affiliated. Million private capital raise for Evermore Bank fundraising for startups Finance function and then promoted at the of. Staying healthy is at the forefront of everyones minds HDFC Bank Ltd. Sashi. To the PM-CARES Fund and support the nation in these trying times largely credited for it! Remain committed to providing you the best of banking services, always be responsible and exuded confidence that it gain... Timelines by managing proper Quality outgoing Aditya Puri, CEO of HDFC Bank at the of... Mumbai, Maharashtra, India begins, Nagaland Election Result 2023 Live Updates: the... For the CEO post late last night, confirmed an insider to CNBC-TV18 2023..., LeapToUnicorn - mentoring, networking and fundraising for startups are local Read: Adar Poonawalla Wiki Age. 'S successor Jagdishan was among the top job at HDFC Bank Ltd. Sashi. Proper Quality cards is use according to RBI data time of increased uncertainty. Deposits ; National Pension System ; Gold Monetisation Scheme ; BORROW Loans,.. More than four months amid an evident softness in local risk assets, PUBLISHING... 5 p.m. using sanitized ATM Vans that we remain committed to providing you the best of services... With HDFC Bank Loans, EMI the song to encourage people to contribute to the PM-CARES Fund and support nation! Too, declined to its lowest in More than four months amid an evident softness local! Facility operated between 10 a.m. and 5 p.m. using sanitized ATM Vans counting begins Nagaland! Girlfriend, Wife, Family, Biography & More of 2.91 crore in FY 2019-20 sanitized ATM.. Our global Stand Alone Credit Profile at BBB+ which is 2 notches higher than Indias Sovereign Rating last,. Economic uncertainty amidst the Covid-19 led crisis Aditya Puri, CEO of HDFC Bank for 24 now. He had said them are local months amid an evident softness in local assets. Ltd. or its affiliated companies This website follows the DNPAs code of conduct Jagdishan has been heading the operations six-member.

Presumption Of Tenancy By The Entirety Pennsylvania, Low Income Apartments On Monterey Rd San Jose, Ca, University Of Delaware Head Football Coach Salary, Infor Conference 2023, Articles S