Aditya Puri is the outgoing Managing Director of HDFC Bank. The 70-year-old banker assumed this position in September 1994. The veteran banker has been instrumental in building the bank from scratch and turning it into the largest private sector lender of the country. More
Puri will leverage his expertise and experience to help drive a tech-enabled in the financial services sector, Deloitte has said
The veteran banker stated that his goal is to make a difference in people's lives, particularly those in rural India.
Aditya Puri, who led HDFC Bank from inception and made it into the largest in the private sector space by the time he retired in 2020, further questioned Paytm’s model, wondering where are the profits if the company manages so much of payments.
The company whose revenue grew at an average annual pace of 16.6 percent in the three years to FY21 aims to accelerate the growth rate to 25 percent in FY21-25.
Aditya Puri' total emoluments stands at Rs 13.82 crore in his retirement year. Puri's overall payments included Rs 3.5 crore as post-retirement benefits.
While in many transactions it may not be able to please all sections of investors and market participants, PNB Housing Finance and the board owe it to shareholders to conduct the entire process in a transparent manner in the quest to extract maximum value
By SES’s logic, all fundraising should be done through a rights issue irrespective of the time and cost involved
We see PNB Housing’s rally as a key trigger for re-rating of the sector
The Puri brand and Carlyle’s deep-pockets will give an edge to the PNB HFL but it will be long before the HFC can challenge its bigger competitors.
The induction of Aditya Puri on the board and acquisition of Medlife is in the run up to the company's IPO. The former head of HDFC bank has been in demand in the corporate world, and will join the board of PNB Housing Finance as an investor nominee, while Strides Group’s Stelis Biopharma announced his appointment as a chairman of the board.
After the preferential offer and warrant conversion PNB’s holding in PNB Housing Finance will be reduced to 20.3 percent while that of Carlyle’s will increase to 50.4 percent.
Valued at around $137 billion, HDFC Bank has raced ahead of HSBC and Citigroup in market capitalisation
With benefits outweighing the cost, the merger can be a win-win situation for both HDFC and HDFC Bank
Actress Amrita Puri and Anita Puri, daughter and wife of former HDFC Bank MD Aditya Puri, jointly buy sea-facing luxury apartment as sales of high-end homes in south Mumbai rise thanks to a recent stamp duty cut.
Digitisation has enhanced HDFC Bank’s earnings in recent years; regulator’s directive will prompt it to boost customer experience.
Aditya Puri, who retired as the CEO of HDFC Bank on October 26, has joined global investment firm Carlyle as a senior adviser in Asia.
Sunil Kaul, Managing Director and Financial Services sector lead for the Carlyle Asia advisory team, said, to have someone of Aditya Puri's stature join Carlyle as a senior advisor will add significant value to our capabilities across the region.
HDFC Bank was listed on the Bombay Stock Exchange on 19 May 1995. Total assets of the bank have grown from Rs 3,394 crore to over Rs 16 lakh crore during this period.
Given that the biggest strength of any organization is its employees and systems in place - HDFC Bank has a really long runway ahead where it can unfold itself into a global mammoth financial service provider.
Sashidhar Jagdishan will replace Aditya Puri as Managing Director and Chief Executive Officer of HDFC Bank on October 27.
At least 18 executives have exited HDFC Bank since FY17. Many of them had been with the bank for over a decade and were part of the private lender’s unparallelled growth story. Jagdishan will be off the blocks with a relatively new team.
Aditya Puri is optimistic that recovery is happening and believes a lot of positivity is needed to improve sentiment
Aditya Puri said HDFC Bank built its brand on brand on trust, safety and transparency along with cutting edge technology.
Given the stellar performance and the high probability of the valuation getting re-rated, HDFC Bank is a must buy stock and should form part of every investor’s core portfolio
Even as the COVID-19 pandemic rages on, HDFC Bank’s Aditya Puri, who retires later this month, said the bank is doing well, has sufficient capital and does not have any strain on the loans that it has made