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HDFC BANK LTD. - Cessation of Director
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24 Apr 2015
HDFC Bank Ltd has informed BSE that in terms of the provisions of section 10A(2A)(i) of Banking Regulation Act, 1949, no director of a banking company, other than its Chairman or whole-time Director, by whatever name called, can hold office continuously for a period exceeding eight years.&lt;BR&gt;&lt;BR&gt;Dr. Pandit Palande has completed his eight years tenure at the close of business hours on April 23, 2015 and has accordingly relinquished his office as Director of the Bank.
View all announcements for HDFC BANK LTD. Source: BSE India