CEO Uncertainty Weighs on HDFC Bank Stock, Macquarie Reports
Macro·1 article across 1 outlet
Story updated Rewritten when the story materially grows; the wire is checked every 15 minutesAbout this data
Uncertainty around CEO Sashidhar Jagdishan’s term is weighing on HDFC Bank Ltd.’s stock as investors are worried about succession issues at India’s largest private-sector lender.
According to Macquarie Group Ltd., this CEO fog is causing concern among investors, impacting the bank's stock performance.
HDFC BankSashidhar JagdishanMacquarie Group
Sources
Every quote below is verbatim from the article it is attributed to.
SourceReports the news
“Uncertainty around CEO Sashidhar Jagdishan’s term is weighing on HDFC Bank Ltd.’s stock as investors are worried about succession issues at India’s largest private-sector lender, according to Macquarie Group Ltd.”
Bloomberg — CEO Fog Hangs Over Most Influential India Stock, Macquarie Says