According to a Reuters report, HDFC Bank is looking at Deputy MD Kaizad Bharucha as a potential candidate to succeed CEO Sashidhar Jagdishan, who is set to retire this October. The bank is also scouting for an external hire, as Reserve Bank of India (RBI) regulations mandate that banks propose a list of multiple names for the position. This leadership search comes after a period of instability that has negatively impacted the bank's stock performance.

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