Rajiv Kumar & State Bank of India

Rajiv Kumar: Rajiv Kumar has been appointed as the Part-time (Non-Executive) Chairman and an Additional Director (Independent Director) of HDFC Bank. His extensive background in finance and public service, including his role in banking reforms and as Chief Election Commissioner, is expected to provide strong leadership and stability to the bank.

State Bank of India: The State Bank of India's approval is required for Rajiv Kumar's appointment as Part-time Chairman of HDFC Bank, highlighting its regulatory oversight in the banking sector.

Rajiv Kumar: New part-time chairman Rajiv Kumar presided over the board meeting that took the disciplinary action.

State Bank of India: RBI was informed of the board's findings and actions; potential divergence from RBI directions was cited as a reason for the penalties.

Rajiv Kumar: Rajiv Kumar was appointed part-time chairman of HDFC Bank; mentioned as part of leadership changes.

State Bank of India: The RBI's eligibility criteria for CFO appointments were cited in the regulatory filing, but the central bank is not directly involved in this specific appointment.