HDFC Bank Ltd

HDFC Bank’s Parag Rao Retires After 23 Years of Leadership 🏦👏

- Mr. Parag Rao, Group Head of Payments, Liabilities, and more, retires from HDFC Bank on September 30, 2025.

- Served for 23 years, holding key leadership roles that shaped the bank’s expansion.

- Led the Payments Business vertical, driving HDFC to become a market leader in Credit Cards and Merchant Acquiring.

- Oversaw Technology, Digital Banking, Marketing, and Liabilities, ensuring products met market needs.

- Recognized for his strategic contributions and leadership in achieving the bank’s goals.