Dr. Harsh Bhanwala Appointed Additional Independent Director of HDFC Bank

The Board of HDFC Bank has approved the appointment of Dr. Harsh Kumar Bhanwala as an Additional Independent Director. This appointment is with effect from January 25, 2024, for a period of 3 years.

Dr. Harsh Kumar Bhanwala is a former Executive Chairman of Capital India Finance Limited, an NBFC. Prior to that, from 2013 to 2020, he was the Chairman of the National Bank for Agriculture and Rural Development (NABARD), the Government of India’s apex development bank, which oversees all aspects of agricultural credit as well as the supervision of regional rural banks and cooperative banks. He began his career at NABARD and worked there for almost three decades. Prior to NABARD, he was the Chairman and Managing Director of the India Infrastructure Finance Company (IIFCL), Senior Vice President at IL&FS Water, and Managing Director of the Delhi State Cooperative Bank. He earned a B.Sc. in dairy technology from the National Dairy Research Institute—Karnal, an MBA from IIM Ahmedabad, and a PhD in management from Maharshi Dayanand University.