HDFC Bank has clarified that the adoption of artificial intelligence will not result in job cuts. CEO Sashidhar Jagdishan said the bank sees AI as a tool to enhance efficiency and redeploy staff into customer-facing and technology roles rather than reduce its workforce. AI Experiments in

HDFC Bank’s MD & CEO Sashidhar Jagdishan is under investigation by the Economic Offences Wing (EOW) of Nagpur police over an alleged ₹6 crore misappropriation from the account of trader Narendra Singru. The probe follows a complaint that claims the bank invested the trader’s funds in overseas entities without his consent, and that his bond was […]

In a candid revelation, Deepak Parekh, former Chairman of HDFC Ltd, disclosed that ICICI Bank once proposed to acquire HDFC—long before the landmark merger between HDFC Ltd and HDFC Bank was finalized. The disclosure was made during a conversation on Chanda Kochhar’s YouTube channel, where the former ICICI Bank CEO herself had made the informal […]