Latest news with #VinayRazdan
Mint
2 hours ago
- Business
- Mint
Who is Vinay Razdan? HDFC Bank's chief HR officer resigns after nearly 7 years
HDFC Bank's Chief Human Resource Officer (CHRO) Vinay Razdan resigned on Wednesday, 18 June, according to an exchange filing by the company. As per the filing, 18 June was Razdan's last working day with India's largest private sector lender. However, the bank did not disclose any reason for Razdan's resignation. 'This is to inform you that Mr. Vinay Razdan has tendered his resignation as the Chief Human Resource Officer of the Bank and the Bank has accepted the said resignation with effect from the close of business hours today, i.e., June 18, 2025,' said the company in the BSE filing. Vinay Razdan is an industry veteran in human resources management who has worked for many major corporations in India. The veteran HR executive has served as the CHRO of HDFC Bank for the last six years and 10 months, based in Mumbai since his joining in September 2018. Before joining HDFC Bank, Razdan worked for Idea Cellular Ltd, a telecom company. He joined the company in 2006 and worked there for 12 years and 8 months. He also has experience working for IT major HCL Technologies as its Associate Vice President from 2000 to 2006. Razdan started his career working as an HR manager at fast-moving consumer goods (FMCG) giant ITC Limited in 1988, according to his LinkedIn profile. Vinay Razdan is a Delhi University graduate from the 1983 to 1986 batch, who later joined XLRI Jamshedpur to finish his Personnel Management & Industrial Relations (PM&IR) programme in 1988. Mint had reported in April 2025 that Razdan was set to leave the company. However, the bank's spokespersons denied the development then. The resignation comes against the backdrop of private banks facing high attrition rates.
Mint
10 hours ago
- Business
- Mint
HDFC Bank share price eases after Chief Human Resource Officer Vinay Razdan resigns
HDFC Bank share price eased on Thursday opening trade after the private lender announced the resignation of its Chief Human Resource Officer. HDFC Bank share price fell as much as 0.35% to ₹ 1,927 apiece on the BSE. The stock then rose to a high of ₹ 1,937.55 apiece. The largest private sector lender in the country, HDFC Bank said that its Chief Human Resource Officer Vinay Razdan has resigned, and the bank has accepted his resignation. 'This is to inform you that Mr. Vinay Razdan has tendered his resignation as the Chief Human Resource Officer of the Bank and the Bank has accepted the said resignation with effect from the close of business hours today i.e., June 18, 2025,' HDFC Bank said in a regulatory filing on June 18. Razdan had tendered his resignation after a nearly seven-year stint at the largest private lender. HDFC Bank has accepted the resignation with effect from June 18. In a different development, HDFC Bank Managing Director and Chief Executive Officer Sashidhar Jagdishan has reportedly approached the Bombay High Court seeking the quashing of an FIR (First Information Report) filed against him by the Lilavati Kirtilal Mehta Medical Trust. Earlier this month, the Lilavati Kirtilal Mehta Medical Trust (LKMM Trust) lodged an FIR against Jagdishan, demanding his immediate suspension and prosecution. The FIR accused HDFC Bank CEO of taking a bribe of ₹ 2.05 crore to enable Chetan Mehta group to remain illegally in control of the LKMM Trust. The HDFC Bank had denied all the charges against its CEO when the complaint was filed. HDFC Bank share price has remained flat in one month and has rallied 11% in the past three months. The banking stock has gained 9% on a year-to-date (YTD) basis, and has risen 16% in one year. HDFC Bank shares have delivered 50% returns in three years and 87% returns in the past five years. At 9:35 AM, HDFC Bank share price was trading 0.14% higher at ₹ 1,936.65 apiece on the BSE. Disclaimer: The views and recommendations made above are those of individual analysts or broking companies, and not of Mint. We advise investors to check with certified experts before making any investment decisions.
Time of India
12 hours ago
- Business
- Time of India
HDFC Bank's chief HR officer Razdan quits after 7 years
MUMBAI: HDFC Bank informed stock exchanges that its chief human resource officer Vinay Razdan has resigned, effective June 18. However, the bank did not disclose any reason, which is mandated by Sebi norms. Razdan joined the bank in 2018 and was CHRO at Idea earlier. In his June 2 resignation letter, Razdan said that he was serving 3 months notice and will proceed on 'gardening leave' during notice period unless communicated otherwise by the bank. Gardening leave refers to an absence where an employee is needed not to report to the workplace during notice period. Stay informed with the latest business news, updates on bank holidays and public holidays . AI Masterclass for Students. Upskill Young Ones Today!– Join Now
