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HDFC's Aditya Puri Features In World's 30 Best CEOs

Puri, 66, has transformed HDFC Bank from a start-up into one of the world s highest-quality banks.

HDFC Bank managing director Aditya Puri's name has featured in the list of world's 30 best CEOs, published by American financial magazine Barron's.

"Puri, 66, has transformed HDFC Bank from a start-up into one of the world s highest-quality banks, generating eye-popping returns by maintaining lending standards while expanding beyond corporate loans into a full-service retail bank," Barron's said. HDFC Bank To Raise Transaction Fees From March 1

According to the magazine, a 2014 trip to Silicon Valley made Puri a digital evangelist.

HDFC's Aditya Puri Features In World's 30 Best CEOs

In hallmark style, the banker swiftly set out to remake India's second-largest private-sector bank into the digital spot for anything money-related, it said.

"That's proving to be a bigger competitive advantage than even he imagined, as India's surprise demonetisation in November, which voided 86 per cent of the country's cash, catapulted demand for digital payments," Barron's said.

Goodreturns.in

Story first published: Monday, March 27, 2017, 16:08 [IST]
Read more about: hdfc

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