RBI approves extension of Keki Mistry’s tenure

HDFC Bank on Thursday said the Reserve Bank has approved the extension of Keki Mistry's tenure as interim chairman for three months till September 18.

Mistry, a veteran of the HDFC Bank Group, was appointed as the interim chairman on March 18, following the resignation of the bank's non-executive chairman, Atanu Chakraborty.

Chakraborty had resigned from the bank, raising concerns over its functioning, and said that certain practices within the bank over the last two years are not in “congruence” with his “personal values and ethics”.

In a regulatory filing on June 18, HDFC Bank said it had made an application to the RBI seeking extension of Mistry's tenure.

“... the RBI, vide its communication dated June 18, 2026, 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 a regulatory filing.