HDFC Bank ADRs Spike 4% As ICICI Group Veteran Anup Bagchi Gets CEO Charge

HDFC Bank American Depository Receipts (ADRs) rose over 4% before the opening bell on Thursday, October 1 after the private lender announced the appointment of Anup Bagchi as its new Managing Director and CEO, following approval from the Reserve Bank of India (RBI).

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