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HDFC Bank CEO transition nears; Jefferies sees rerating scope, sets target at Rs 880

  • Posted on September 28, 2026
  • By Business News Today
  • 0 Views
  • 1 min read
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HDFC Bank CEO transition nears; Jefferies sees rerating scope, sets target at Rs 880
HDFC Bank CEO transition nears; Jefferies sees rerating scope, sets target at Rs 880

HDFC Bank could be nearing a leadership transition, with Jefferies saying greater clarity on CEO succession and a management reshuffle could improve execution and support a rerating. The brokerage retained its Buy rating and Rs 880 target, citing scope for stronger deposit growth, fee income and a better loan mix.
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