Stories
D-Street's 8-Week Losing Streak, HDFC Bank & Kotak Get New CEOs, Tata Trusts Raise Concerns
C
CNBC TV18•01-10-2026, 22:00
D-Street's 8-Week Losing Streak, HDFC Bank & Kotak Get New CEOs, Tata Trusts Raise Concerns
- •HDFC Bank appoints ICICI veteran Anup Bagchi as new MD & CEO, ending succession uncertainty.
- •Kotak Mahindra Bank secures RBI approval for Anup Kumar Saha to take over as MD & CEO.
- •Tata Trusts' Venu Srinivasan and Vijay Singh flag concerns over proposed Tata Sons restructuring.
- •Indian stock market extends longest losing streak in 25 years to 8 weeks, with FII selling nearing ₹35,000 crore.
- •IRDAI chief Ajay Seth pushes for insurance efficiency, Mahindra Auto sales jump 15%, Accenture beats guidance, and US FTC investigates AI giants.
Key Questions Answered
HDFC Bank has appointed ICICI veteran Anup Bagchi as its new Managing Director and CEO for a three-year term following approval from the Reserve Bank of India, ending months of leadership uncertainty.
Anup Kumar Saha will take over as the new MD and CEO of Kotak Mahindra Bank starting January 1, 2027, for a three-year term, replacing the outgoing MD and CEO Ashok Vaswani.
Tata Trusts vice chairmen Venu Srinivasan and Vijay Singh questioned the process surrounding a proposal seeking to merge Tata Electronics Support Services and Tata Consulting Engineers into Tata Sons.
