financetom
Business
financetom
/
Business
/
Some exits likely; but well positioned to replace them: HDFC Bank’s Aditya Puri
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Some exits likely; but well positioned to replace them: HDFC Bank’s Aditya Puri
Oct 21, 2020 1:31 AM

Outgoing CEO of HDFC Bank, Aditya Puri told CNBC-TV18 that there were likely to be some exits in the wake of the leadership change at the bank. He did not see that much of a problem as the bank already had a strong team in place and was well-positioned to replace the likely exits.

“I am not worried, but could there be exits. Yes. Are we in position of having a replacement within for any exits that happens other than Shahi….the answer would be yes,”Puri said.

He said that he was the public face of the organization, but all decisions are taken collectively.

“I am first among equals, we have got our plan setup, each one knows about it and we have a very strong team,” he said.

Also, Puri said that the organization took good care of his employees.

“I was the first one to come out and say there will be no cut in implements, there will be no cut in bonus, there will be no cut in promotions and I am saying this for this year as well because I know we will achieve our targets,” he said.

Puri said his dream was that HDFC Bank becomes the biggest bank around

Watch video for more

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Aug 17, 2025
SYDNEY, Aug 18 (Reuters) - Google agreed on Monday to pay a A$55 million ($35.8 million) fine in Australia after the consumer watchdog found it had hurt competition by paying the country's two largest telcos to pre-install its search application on Android phones, excluding rival search engines. The fine extends a bumpy period for the Alphabet-owned internet giant in Australia,...
Mercer Files $750 Million Mixed Shelf
Mercer Files $750 Million Mixed Shelf
Aug 8, 2025
04:50 PM EDT, 08/08/2025 (MT Newswires) -- Mercer International ( MERC ) filed a registration statement late Friday for the sale of $750 million of securities. The registration covers debt securities, common stock, warrants to purchase common stock or debt securities, or any combination of the above, according to the filing. The company plans to use the net proceeds for...
Edesa Biotech Q3 loss per share narrows
Edesa Biotech Q3 loss per share narrows
Aug 8, 2025
Overview * Edesa Biotech Inc ( EDSA ) Q3 loss per share narrows to $0.25 from $0.52 last year; net loss remains $1.7 mln * Loss from operations stable at $1.9 mln Result Drivers * EB06 FOCUS - Increased expenditures on EB06 for vitiligo study offset by reduced EB05 expenses, supported by government funding * EXPENSE MANAGEMENT - Stable operating...
Royal Caribbean Cruises Insider Sold Shares Worth $4,976,286, According to a Recent SEC Filing
Royal Caribbean Cruises Insider Sold Shares Worth $4,976,286, According to a Recent SEC Filing
Aug 8, 2025
04:49 PM EDT, 08/08/2025 (MT Newswires) -- Richard D Fain, Director, on August 06, 2025, sold 16,000 shares in Royal Caribbean Cruises ( RCL ) for $4,976,286. Following the Form 4 filing with the SEC, Fain has control over a total of 436,744 common shares of the company, with 150,291 shares held directly and 286,453 controlled indirectly. SEC Filing: https://www.sec.gov/Archives/edgar/data/884887/000131698725000005/xslF345X05/wk-form4_1754685519.xml...
Copyright 2023-2026 - www.financetom.com All Rights Reserved