The extension comes as HDFC Bank is understood to be in the final stages of identifying a permanent chairman and is expected to submit its recommendation to the RBI shortly.
The Reserve Bank of India has approved a 90-day extension for Keki Mistry as the interim chairman of HDFC Bank. This decision comes as HDFC Bank is nearing the final stages of selecting a permanent chairman. The bank is expected to submit its recommendation to the RBI shortly.
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