30 Sep 2025 | 5 Mins Read
HDFC Bank's Parag Rao Hands Over to Smaller Units
Flipitmoney
Parag Rao, HDFC Bank's group head of payments and consumer finance, superannuates after being denied a two-year extension as per the bank's 60-year superannuation policy. Rao handled a vast portfolio, including payments, consumer finance, and third-party products. He will be the third high-profile exit from the bank in a year, following V Chakrapani and Vinay Razdan.