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MoneyWireHDB Financial appoints ex-Cholamandalam MD Srinivasan as chairman for 3 yrs

HDB Financial appoints ex-Cholamandalam MD Srinivasan as chairman for 3 yrs

This story was originally published at 17:52 IST on 14 May 2026
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Informist, Thursday, May 14, 2026

 

--HDB Fincl appoints Natarajan Srinivasan as non-executive chairman for 3 yrs 

 

NEW DELHI – HDB Financial Services Ltd. has appointed Natarajan Srinivasan as a non-executive chairman of the company for three years starting Thursday. He will also be an additional independent director for the three-year period ending May 13, 2029.

 

Srinivasan has over four decades of experience in finance, strategy, and business transformation. He is a qualified chartered accountant and company secretary and has held several senior leadership positions within the Murugappa Group. He was previously the executive vice-chairman and managing director of Cholamandalam Investment and Finance Co. Ltd. 

 

For the March quarter, HDB Financial Services reported a net profit of INR 7.51 billion on revenue of INR 47.45 billion. Shares of the company Thursday ended 0.2% higher at INR 676.60 on the National Stock Exchange.  End

 

Reported by Shubham Rana

Edited by Avishek Dutta

 

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