HDFC Bank’s new boss is good choice for hard times
The headquarters of India's HDFC bank is pictured in Mumbai, India, December 4, 2015.
Source: REUTERS/Shailesh Andrade
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Veteran insider Sashidhar Jagdishan will succeed Aditya Puri, who has led the $73 bln Indian lender for 26 years. The group has excelled at controlling bad debt and taking market share. With Covid-19 pains still raging, Jagdishan is a solid pick to defend outsize returns.
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