HDFC Bank and Kotak Mahindra Bank appoint new CEOs named Anup

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HDFC Bank has promoted Anup Bagchi from Deputy MD to its new Chief Executive Officer. Kotak Mahindra Bank has appointed K.V.S. Manian and Shanti Ekambaram as Joint Managing Directors, with Manian set to become CEO after regulatory approval. Both new CEOs of these major private banks share the first name Anup. The appointments are part of planned leadership transitions at the two financial institutions.

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