Insider Sashidhar Jagdishan To Take Reins At India's Most Valuable Lender HDFC Bank

India's top private-sector lender HDFC Bank has received the approval to name insider Sashidhar Jagdishan its chief executive officer, the bank said on Tuesday, as it steers itself through the coronavirus downturn. Mr Jagdishan, who will replace Aditya Puri - HDFC Bank's CEO of 26 years, takes over at a time when the country's lenders are facing a flood of potential loan defaults as the pandemic brings small businesses to the brink.