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The Last Original Standing: Kaizad Bharucha’s Three-Decade Run Inside India’s Largest Private Bank

HDFC Bank is in focus with December 31 in focus.

· NDTV Profit

Kaizad Bharucha has sought cessation from HDFC Bank with effect from December 31, 2026, ending a tenure that began in October 1995. The Deputy Managing Director has been among the lender’s most experienced senior executives.

Dates in focus
December 31

Against that, the stock is +1.4% on the day at ₹692.80, and has returned -8.1% over three months. It sits 31% below its 52-week high, which means a good deal of bad news was already in the price. The banks sector has moved -6.0% over the same period, so HDFC Bank is running 2.1 points behind its peers.

For HDFC Bank, the question is how much of this is already reflected in the price and how much re-rates the banks peer set alongside it.

  • In focus: HDFC Bank (HDFCBANK), in Banks.
  • Over three months: HDFC Bank -8.1% against Banks -6.0% (2.1 points behind).
  • At least 25% below the 52-week high: HDFC Bank (31%).
Figures for the companies in this story
CompanyPriceDay1M3MFrom 52-wk highVolume vs 20-dayMarket cap
HDFC BankHDFCBANK · Banks₹692.80+1.4%-2.2%-8.1%-31.4%0.7×—

Banks

1M -3.4% · 3M -6.0%

HDFC Bank

Prices as of 30 Oct 2026, 16:10 IST. Sector moves are the average of the stocks we track in each sector.