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

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HDFC Bank Limited has informed the Exchange about change in Management

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HDFCBANK3_06112026152141_SE_Intimation-Srivatsan.pdf

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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)