Economy, Banking and Finance · 22 January 2026

Reserve Bank of India (RBI) Approves Re-appointment of Kaizad Bharucha as HDFC Bank Deputy Managing Director

Exam-focused facts from the 22 January 2026 current affairs briefing.

Key facts

  • The Reserve Bank of India (RBI) approved the re-appointment of Kaizad Bharucha as the Whole-time Director and Deputy Managing Director of HDFC Bank.
  • The re-appointment is for a tenure of 3 years, effective from April 19, 2026.
  • Shares of HDFC Bank closed at ₹931.15 on the BSE, reflecting an increase of 0.38 per cent.
  • Lodha signed a Memorandum of Understanding (MoU) with the Maharashtra government to invest ₹1 trillion in a data centre park.
  • RMZ partnered with the Andhra Pradesh government to facilitate investments totaling up to $10 billion.
  • Eternal recorded a 73 per cent increase in Q3 FY26 profit to ₹102 crore, while revenue grew by 202 per cent.