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HDFC Bank submits two CEO candidates to RBI for approval

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HDFC Bank has forwarded the names of two candidates to the Reserve Bank of India for the position of Managing Director and CEO. The bank's board has also approved the promotion of Jimmy Tata to executive director and sought a tenure extension for V Srinivasa Rangan. These changes would raise the total number of whole-time directors to four, strengthening governance over its subsidiaries. All appointments remain subject to final clearance from the RBI.

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