RBI Extends HDFC Bank Chairman's Term

India's central bank, the Reserve Bank of India (RBI), has approved an extension for Keki Mistry's term as part-time chairman of HDFC Bank. This decision comes after the unexpected resignation of the previous chairman, which had raised concerns regarding governance practices at the nation's largest private sector bank. The three-month extension aims to provide stability and continuity in leadership during a period of scrutiny.