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HDFC Bank submits CEO picks to RBI: internal chief Bharucha, one external candidate

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HDFC Bank has proposed two candidates to the Reserve Bank of India for its next CEO: current Deputy Managing Director Kaizad Bharucha and one external candidate. The external shortlist reportedly included ICICI Prudential Life CEO Anup Bagchi and Citi India CEO K Balasubramanian. The bank has also requested a six-month relaxation of tenure rules to allow Bharucha a full three-year term if selected.

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