NSEChange in Management4d ago · 6 Nov 2026, 03:21 pm
Change in Management
HDFC Bank Limited · HDFCBANK
✦ AI SummaryMgmt Change
HDFC Bank Limited has informed the Exchange about the appointment of Mr. V. N. Srivatsan as the Chief Compliance Officer of the Bank, effective from November 6, 2026.
Analysis Scores
Earnings Impact5/10
Growth Catalyst2/10
Governance Concern1/10
Regulatory Risk2/10
Balance Sheet Risk1/10
Liquidity Impact8/10
Market Sentiment5/10
✦ Ask a Question
Ask anything about this announcement — AI will answer based on the filing content.
Full Announcement
HDFC Bank Limited has informed the Exchange about change in Management
Attachments (1)
📄pdf
Download →
HDFCBANK3_06112026152141_SE_Intimation-Srivatsan.pdf
View document text
CIN: L65920MH1994PLC080618 HDFC Bank Limited,
Email: shareholder.grievances@hdfc.bank.in HDFC House,
Website: www.hdfc.bank.in H.T. Parekh Marg 165-166,
Backbay Reclamation, Churchgate,
Mumbai- 400020
Tel.:022-66316000
Ref. No. SE/2026-27/143
November 6, 2026
BSE Limited National Stock Exchange of India Limited
Dept of Corporate Services The Listing Department
Phiroze Jeejeebhoy Towers, Exchange Plaza
Dalal Street, Fort, Bandra Kurla Complex,
Mumbai 400 001 Mumbai 400 051
Scrip code: 500180 Scrip code: HDFCBANK
Dear Sir/Madam,
Sub: Disclosure under Regulation 30 read with Clause 7 of Paragraph A of Part A of
Schedule III of the SEBI (Listing Obligations and Disclosure Requirements)
Regulations, 2015 (“SEBI Listing Regulations”)
We refer to our intimation dated September 30, 2026, wherein it was informed that based on the
recommendations of the Audit Committee and the Governance, Nomination and Remuneration
Committee, the Board of Directors of the Bank at its meeting held on September 30, 2026, had
approved the appointment of Mr. V. N. Srivatsan as the Chief Compliance Officer of the Bank, as
per the provisions of the Reserve Bank of India (Commercial Banks- Compliance Function)
Directions, 2026, for a period of 3 (three) years, with effect from his date of joining the Bank.
In this connection, we wish to inform you that Mr. Srivatsan has assumed office as the Chief
Compliance Officer of the Bank with effect from November 6, 2026. Mr. Srivatsan would be part
of Senior Management Personnel of the Bank with effect from the said date.
The details as required in terms of disclosure under Regulation 30 read with Clause 7 of Paragraph
A of Part A of Schedule III to the SEBI Listing Regulations read with SEBI Master Circular no.
HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026 are enclosed herewith as
Annexure I.
Regd. Office: HDFC Bank Limited, HDFC Bank House, Senapati Bapat Marg, Lower Parel (West), Mumbai – 400 013
This is for your information and appropriate dissemination.
Thank you.
Yours faithfully,
For HDFC Bank Limited
Ajay Agarwal
Company Secretary
Group Head – Secretarial & Group Oversight
Encl.:a/a
Copy to:
1. New York Stock Exchange 2. Singapore Exchange Securities Trading Limited
11, Wall Street, New York 2 Shenton Way 068804
NY 10005, USA # 02-00 SGX Centre 1 Singapore
Annexure I
Sr. Particulars Description
1. Reason for Change viz. Appointment of Mr. V.N. Srivatsan as the Chief Compliance Officer
appointment or otherwise of the Bank.
2. Date of appointment/ Mr. V.N. Srivatsan is appointed as the Chief Compliance Officer of the
cessation (as applicable) & Bank with effect from his date of joining i.e. November 6, 2026.
term of appointment
He will be a full-time employee of the Bank.
Term: 3 (three) years from the date of joining.
3. Brief profile (in case of Mr. V. N. Srivatsan has approximately 34 years of overall professional
appointment) experience, including around 25 years in the BFSI sector and close to
10 years of direct experience in Compliance and Regulatory
Inspection. Prior to joining the Bank, he served as Head – Compliance:
Overseas Banking and Subsidiaries & Data Privacy Officer at ICICI
Bank Limited.
He holds a Post Graduate degree in Business Administration from PSG
College of Technology and a Bachelor of Technology (B. Tech) from
Sri Venkateshwara University.
He has previously led Retail Banking Compliance and Regulatory
Inspection for more than 8 years. His responsibilities have included
oversight of regulatory compliance, handling regulatory inspections,
designing and implementing compliance frameworks and policies, and
working closely with senior management, the Audit Committee, the
Board and regulators.
Mr. V. N. Srivatsan’s experience is strongly aligned with the
requirements of the Chief Compliance Officer role.
4. Disclosure of relationships Not applicable
between directors (in case
of appointment of a
director)