HDFC Bank shares in focus as lender appoints ex-finance secretary Rajiv Kumar as part-time chairman

HDFC Bank has appointed former IAS officer and ex-Chief Election Commissioner Rajiv Kumar as its Part-time Chairman, following Atanu Chakraborty's abrupt resignation over ethical concerns. Kumar, known for his role in cleaning up public sector bank balance sheets, will serve a three-year term subject to RBI approval. The bank also announced Puneet Sharma as its new CFO. This news comes as HDFC Bank shares have seen mixed performance recently.