RBI extends Keki Mistry’s tenure as HDFC Bank Chairman by 3 months

Mumbai, June 18, 2026
The Reserve Bank of India (RBI) has approved the extension of Keki Mistry as interim part-time chairman of HDFC Bank for a further period of three months, it was announced on Thursday.

In an exchange filing, HDFC Bank said the RBI, through a communication dated June 18, 2026, approved the extension of Mistry’s tenure until September 18, 2026, or until the appointment of a regular part-time chairman, whichever is earlier.

“The RBI has granted approval for the extension of tenure of Keki Mistry as an interim Part-time Chairman of the Bank for a further period of 3 (three) months until September 18, 2026 or till appointment of a regular Part-time Chairman, whichever is earlier,” HDFC Bank said in its filing.

Separately, HDFC Bank’s board of directors also approved convening the bank’s 32nd Annual General Meeting (AGM) on August 5, 2026.

The meeting will be held through two-way video conferencing and is scheduled to begin at 2 p.m. IST.

The bank further informed exchanges that the dividend payment date for shareholders will be on or after August 6, 2026, subject to shareholder approval at the AGM.

HDFC Bank has recommended a dividend of Rs 13 per equity share of Re 1 each for the financial year ended March 31, 2026.

“We wish to inform you that the Board of Directors of the Bank, at its meeting held today i.e. on June 18, approved convening of the 32nd Annual General Meeting (AGM) of the Bank on Wednesday, August 5, 2026,” the private lender said.

“Accordingly, the dividend payment date will be on or after Thursday (August 6, 2026). The same will be subject to approval of the shareholders at the said AGM, for payment of dividend of Rs 13 per equity share of Re 1 each of the Bank for the year ended March 31, 2026,” HDFC Bank added.

Mistry was appointed interim part-time chairman in March 2026 following the resignation of former chairman Atanu Chakraborty.

His appointment was intended as a temporary measure to ensure smooth governance while the board initiated the process of identifying a permanent successor.(Agency)