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VERIFIEDET Stocks·neutral
Nifty’s ailing warhorse HDFC Bank gets an all-rounder CEO. Can Anup Bagchi make the elephant dance?
AI Summary
- ·Anup Bagchi has taken over as the new CEO of HDFC Bank.
- ·The bank aims to revive deposit and loan growth, improve margins, and unlock merger synergies.
- ·HDFC Bank's stock is currently 29% below its peak.