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Anup Bagchi holds Management degree from Indian Institute of Management, Bangalore and an Engineering degree from Indian Institute of Technology, Kanpur.
Bagchi served as executive director of ICICI Bank from 2017 to 2023, overseeing retail, business and rural banking, and subsequently Wholesale Banking. During his tenure, he played a key role in strengthening the bank's retail franchise, driving profitable growth while maintaining credit and cost discipline.
Since June 2023, Mr. Bagchi has been serving as MD & CEO of ICICI Prudential Life Insurance, leading one of India's largest private life insurers, which is publicly listed
HDFC Bank is India's largest private sector lender by market capitalisation. As of 30 June 2026, the bank's distribution network comprised 9,694 branches and 20,958 ATMs across 4,175 cities and towns.
The bank had reported a 4.98% increase in standalone net profit to Rs 19,059.72 crore in Q1 FY27 as against Rs 18,155.21 crore posted in Q1 FY26. Total income declined 7.08% year on year (YoY) to Rs 92,184.38 crore during the period under review.
The scrip advanced 1.36% to end at Rs 719.35 on the BSE.
In the cash market, the Nifty 50 index dropped 198.50 points or 0.88% to 22,421.95.
The NSE's India VIX, a gauge of the market's expectation of volatility over the near term, jumped 7.04% to 14.4.
Infosys, HDFC Bank and Kotak Mahindra Bank were the top-traded individual stock futures contracts in the F&O segment of the NSE.
The October 2026 F&O contracts will expire on 27 October 2026.
In the cash market, the Nifty 50 index dropped 95.75 points or 0.42% to 22,620.45.
The NSE's India VIX, a gauge of the market's expectation of volatility over the near term, jumped 0.61% to 13.50.
HDFC Bank, Infosys and Bombay Stock Exchange (BSE) were the top-traded individual stock futures contracts in the F&O segment of the NSE.
In the cash market, the Nifty 50 index dropped 64.05 points or 0.28% to 22,716.20.
The NSE's India VIX, a gauge of the market's expectation of volatility over the near term, jumped 2.32% to 13.32.
HDFC Bank, Reliance Industries and Infosys were the top-traded individual stock futures contracts in the F&O segment of the NSE.
The September 2026 F&O contracts will expire on 29 September 2026.
In the cash market, the Nifty 50 index dropped 360.25 points or 1.56% to 22,780.25.
The NSE's India VIX, a gauge of the market's expectation of volatility over the near term, jumped 12.54% to 13.69.
The paid-up share capital of the bank will accordingly increase from 15,41,67,00,168 equity shares of Re. 1/- each to 15,41,85,97,348 equity shares of Re.1/- each.
In the cash market, the Nifty 50 index advanced 77.40 points or 0.34% to 23,140.50.
The NSE's India VIX, a gauge of the market's expectation of volatility over the near term, declined 4% to 12.18.
HDFC Bank, Axis Bank and Reliance Industries were the top-traded individual stock futures contracts in the F&O segment of the NSE.
In the cash market, the Nifty 50 index advanced 75.80 points or 0.33% to 23,346.40.
The NSE's India VIX, a gauge of the market's expectation of volatility over the near term, dropped 7.36% to 11.39.
HDFC Bank, Tata Consultancy Services (TCS) and Infosys were the top-traded individual stock futures contracts in the F&O segment of the NSE.